line with lower sales in Q2/2020 compared to Q2/2019. • Gross profit margin in Q2/2020 was 54.9% which decreased by 9.5% from Q2/2019, due to the temporary closure of dining areas resulting in the

lower EGAT dispatch as a results of EGAT’s transmission line maintenance and lower contribution from Gulf VTP and BGWHA-1 due to having planned maintenance, despite a 5.5% increase of power demand from

stations from 5G rollouts. NT partnership cost dropped in line with lower network traffic with NT. • Other costs of service recorded at Bt10,202mn, increasing 13%YoY with full year effect of content cost

income was caused by lower fees from securities business in line with the capital market situation, while fees from bancassurance and mutual funds increased. Consequently, the ratios of net interest income

financing cost by 42.6% YoY, in line with the lower amount of interest-bearing debt whilst cost of debt remains at a low level. Meanwhile, share of profit from investments declined 1.7% YoY due to the

fell in the tourism and agricultural sectors. Demand for credit card loans and other consumer loans also declined in line with lower consumer spending. Looking forward, financial institutions expect

cost control in both room and food and beverage management. Cost of sales In 1Q19, CPN reported costs of sales at THB 75 mn, a decrease of 44.6% YoY. The decrease is in-line with the lower revenue from

of sales at THB 345 mn, a decrease of 25.9% YoY (for nine months of 2019, costs of sales at THB 704 mn, a decrease of 48.8% YoY). The decrease is in-line with the lower revenue from sales as described

2019, costs of sales at THB 359 mn, an increase of 60.5% YoY). The decrease is in-line with the lower revenue from sales as described earlier. Total admin. expenses stood at THB 1,684 mn, a 17.1

, this is due to lower usage of natural gas as a result of the reserved shutdown of Sriracha Power Plant as well as the IRPC-CP temporary shutdown for the transmission connection with EGAT line during Q3