comprised of enterprise business, grew 8. 8% YoY driven by improving sales in both telecom and ICT services as well as CSL’s revenue consolidated since Feb-18. Network OPEX excluding cost of TOT partnership

venture company to invest in underground optic fiber network project On June 27, 2019, the Company and ALT Telecom Public Company Limited (“ALT”) have registered a joint venture company to invest in

partnership with Jaymart, a local well-known retail chain for telecom/ IT products, to enhance our acquisition strategy in key competing areas. Another is the collaboration with Singtel to launch a cross-border

Intelligent Communities” On January 8, 2020, the Company, Thammasat University, Nava Nakorn Public Company Limited, and ALT Telecom Public Company Limited have entered into a Memorandum of Understanding (“MOU

domestic population and major developed countries . These uncertainties would pressure telecom industry and our core service revenue, while competition is anticipated to remain high with pricing strategy to

PUBLIC COMPANY... ALPHA DIVISIONS PUBLIC COMPANY LIMITED ALT TELECOM PUBLIC COMPANY LIMITED ALUCON PUBLIC COMPANY LIMITED AMA MARINE PUBLIC COMPANY LIMITED AMANAH LEASING PUBLIC COMPANY LIMITED AMARIN

Company Limited (“AWN”) entered into an agreement to accept a transfer of the license of 700 MHz spectrum for 5MHz for telecommunications service from National Telecom Public Company Limited (“NT”). The

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2019 In the first quarter of 2019, the Thai economy continued to sustain its growth. Overall, however, it was plagued by weak exports and tourism amid the global economic slowdown. Aside from these challenges, businesses had to contend with more complex competition, regulatory changes, and technological advancements which affected consumer behavior. KASIKORNBANK has e...

E_1 Legal_FA_2015_12_29-c A HibrWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2018 The Thai economy in the third quarter of 2018 grew at a decelerating rate due to slowdown in external sector and manufacturing production at home. Meanwhile, private consumption which continued to expand was derived mainly from increased expenditures on automobiles. Nonetheless, the business sector remained challenged by new modes of competition, the broade...

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended June 30, 2018 The Thai economy in the second quarter of 2018 gained further traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see strong across-the-board growth. The business sector remained challenged by new modes of competition...