complete the first franchisee contract by this year Outlook on business opportunities from lift of curfew measures With the government measures to control the spread of COVID-19 pandemic, especially the

than the increase in selling and distribution expenses and the Company’s ability to control costs efficiently. 52.2% 64.6% 56.1% 63.2% 45 74 156 207 Q3/21 Q3/22 9M/21 9M/22 38.8% 29.8% 35.9% 30.3% +64

Revenue in Q3/2023 was 16.7%, improved from 17.3% in Q3/2022 due to the increase in sales revenue at a higher proportion than administrative expenses, as well as the Company’s ability to control

Q4/2023 was 16.2%, improved from 16.7% in Q4/2022 due to the increase in sales revenue at a higher proportion than administrative expenses, as well as the Company’s ability to control administrative

Total asset of listed company = 416.54 x 100 712.99 = 58.42% 4) Transaction’s size based on value of equity shares Value of equity shares = Equity shares issued for the payment of assets x100 Issued and

Bt238,749mn increasing 2.2% mainly from Bt10,614mn dividend payable paid on 26-Apr-18, offset by lower interest- bearing debt, currently standing at Bt101bn. As a result, total equity was Bt48,036mn declining

% due to higher interest-bearing debt of Bt108,500mn, compared to Bt98,100mn in Dec-16. Total equity decreased by 1.9% to Bt41,893mn from softer retained earnings. Excluding 900MHz and 1800MHz spectrum

. Foreign debts are fully hedged; however, trade payables are partially hedged, subjected to the payment term and currency fluctuation. Total equity was Bt50,427mn increasing 18% YoY from higher retained

paid in Apr-19, partly offset by lower interest- bearing debt which stood at Bt103,200mn. As a result, net debt to EBITDA came down from 1. 3x to 1. 1x. Total equity was Bt56,769mn decreasing 1.6% QoQ

Bt223,078mn decreasing 4.2% from lower interest-bearing debt, which currently stood at Bt97,700mn, down from Bt109,100mn. Total equity was Bt64,529mn increasing 12% from retained earnings. Net debt to EBITDA