. management renew the management service contracts with appropriate profit margin only 2. solar energy which is a new business has higher gross profit margin than 2 existing businesses. Consequently, overall

proportion of costs compared to revenue in addition, the company has the main customers with long-term contracts, causing the selling price to be inconsistent with the rising freight costs. In this issue, the

million. due to the following reasons: 1. In 2018, Management put emphasis on renewing the contracts with more margin projects. 2 . Solar energy began to recognize revenue for the whole six-month month

Company has managed costs of production and product mix efficiently. However, the Company had applied and accounted for expenses from rental contracts according to TFRS 16 – Leases, which affect to net

operating results Details as follows: Performance summary (Summary Table) Unit: Million Baht Q2/2019 Q2/2020 %change 6M/2019 6M/2020 % change Revenue from contracts with customers 91.8 87.0 -5.2% 181.7 184.1

increased the profit(loss) from the derivative contract. Which is the recognition of profit(loss) from hedging contracts. The said transaction will be released in the quarter that the contract is already used

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2020 The Thai economy in the first quarter of 2020 sank into a recession due to the COVID-19 pandemic. Economic activity was crippled almost across the board in light of lockdown measures implemented in several countries to contain the viral transmission. Financial markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors,...

agreements with TOT, effective since 1-Mar-18, on co- utilizing the 2100MHz spectrum. This resulted in AIS having in total 55MHz spectrum in both low- and high-band, which ensures AIS’s capability to provide

to THB 81.8 Mn in 2017. The main reasons for the decrease were the increase in selling expenses related to the amortisation of the value of the franchise agreements purchased during the acquisition of

selling expenses related to the amortisation of the value of the franchise agreements purchased during the acquisition of Thai food business “Tummour” and the increased administrative expense related to the