new subscribers caused a downward trend in ARPU falling to Bt432 or -3.1% QoQ. Mobile Business 2Q21 1Q22 2Q22 %YoY %QoQ Subscribers Postpaid 10,986,500 11,760,100 12,074,900 9.9% 2.7% Prepaid 32,247,200
% down from 1Q2017. The revenue from feed business continued declining due to intense competition of animal feed and aquatic feed in Thailand reflecting falling in revenue from animal feed and fish feed
commission, resulted in overall cost of service decreasing -1.5%YoY and remained flat QoQ. SG&A was under well-controlled, declining -26%YoY and flat QoQ. Marketing expenses dropped -33%YoY from lower
Management Discussion and Analysis 2017 P a g e | 2 Business Segment Performance In 2017, total revenue was THB 5,570 million, decreasing by 2.7 % from last year. Total revenue and EBITDA breakdown is as
THB 823 million, reduced by THB 98 million or 10.60% down from 2Q2016. The revenue from feed segment continued declining in 2Q2017 due to intense competition of feed business in Thailand for both animal
the low yield segment – housing loans which expanded by 149.0% yoy and corporate lending loans grew by 126.5% yoy. Meanwhile, cost of fund for 1Q18 dropped yoy from 2.4% to 2.3% resulting in declining
% resulting in declining loan spread from 5.2% in 1Q17 to 4.9% in 1Q18. % 1Q17 2Q17 3Q17 4Q17 2017 1Q18 Yield on loan 7.6 7.6 7.7 7.4 7.5 7.2 Cost of fund 2.4 2.3 2.1 2.3 2.3 2.3 Loan spread 5.2 5.3 5.6 5.1 5.2
quality, the Non-Performing Loans (NPLs) continue to show improvement with the Non- Performing Loans (NPLs) to total loans ratio at the end of 2018 declining to 4.1% from 5.0% at the end of 2017. On Special
allowance for inventories declining value of Baht 32 million, resulted from the Company’s new accounting policy of setting allowance for inventories declining value from recording expired product in full cost
from the declining of revenue which because of the high market competitive in the competitor and pricing whereas the gross profit margin increased from the declining of high cost and low margin projects