competition in the market became less intense because of higher demand and sales volume of agrochemicals. Cost of sales increased at a lower rate of increase than that of the sales volume resulting in the

energy prices at home in line with the global oil market. For Thai monetary policy, the Bank of Thailand’s policy rate is expected to stay low, at 1.75 percent, throughout the first half of 2019. Thailand

maintained their growth momentum; their central banks pursued continually accommodative monetary policy through asset purchase programs and keeping policy interest rates low. Over the final quarter of 2017 and

construction. In addition, due to the low growth of retail business and rapid growth on e-commerce in recent years, the level of competition in this business, community malls included, became more intense

the Company entered into lease agreement. Since then, Project MET has not started any construction. In addition, due to the low growth of retail business and rapid growth on e-commerce in recent years

attributable to lower occupancy and hotel’s functions due to an adverse impact of a year-long national mourning on domestic demand, together with a drop in occupancy of Dusit Thani Hua Hin amidst an intense

in 2H18. Expanded fixed broadband and strengthened digital services AIS Fibre continued to grow healthily, despite intense competition, with revenue reaching Bt4,436mn, a 42% increase YoY. The growth

since 4Q20, ARPU continued declining 10%YoY from new acquisition on low price package. Enterprise non-mobile business continued to deliver low-teen digit growth YoY with rising demand on clould, data

re-opening the telecom shops in malls. Meanwhile, price competition remained fluid as operators continued offering low-end unlimited data plans in prepaid segment. Despite these challenges, we

economy and price competition Mobile revenue was Bt28,847mn, decreasing -1.7% YoY and -2.5% QoQ impacted by low spending amidst Omicron’s spread and relatively high base of 1Q21 from government stimulus