Total Revenues 4,432 4,888 -455 -9.32% Sales and service income 4,244 4,747 -503 -10.60% Gains on Exchange rate 108 52 56 107.01% Other Income 80 88 -8 -9.09% Cost of Sales and Services 3,848 4,214 -366

current liabilities while the pay down of the term loan helped to decrease non-current liabilities. Shareholder equity was impacted by retained earnings given the dividend payout and the lower net result

driven by prepaid-to-postpaid migration, while ARPU declined 0.4%QoQ to Bt523 reflecting price competition and lower inter roaming revenue. Prepaid segment saw a decline of 532k due to COVID-19 affecting

eventually caused the cost of goods sold to increase to an additional 1% of sales on top of the 2.7% increase last year. However, the higher cost of goods sold was lower as it was partially offset by higher

reduction of 3.0% Q-o-Q and 9.5% Y-o-Y, while sales revenue in USD terms grew by 1.0% Q-o-Q but declined by 8.9% Y-o-Y. The lower revenue recognition in Baht terms was due to the strengthening Thai baht

sales was better from the same period of last year due to higher sales growth resulting in lower waste and ability to control key raw materials’ price. Selling Expenses Selling expenses of Q3’2018-2019

addition, the price of copper continued to decline (Table 2), and therefore the cost of production was lower and profit improved, despite a significant impact from the continued strengthening of the Thai

Analysis | 2 Executive Summary In 1Q2018, Domestic palm oil production has increased as well as in other countries after the drought occurred in FY2016, consequence to lower Crude Palm Oil(CPO) prices and

.  Net profit in Q3/2017 was Baht 78 million, a decrease of 52% YoY due to 1) higher cost per unit resulted from lower capacity utilization YoY; and 2) higher depreciation resulted from additional

, and the strong market competition had forced the company to offer alternative products with cheaper unit price for several major projects resulted in lower sale revenue from the projects, as a result