(up 272.7% YoY) largely as a result of the increase in total revenue and the EBITDA margin rose to 31.5% (2018; 13.0%) • Reported net profit of THB 1,867mn (up 394.9% YoY), from aforementioned higher

containment measures in Thailand. With regards to domestic demand, public expenditure would remain an important economic driver. Meanwhile, private consumption should gradually pick up compared to second

or up by 4.11% and net profit of 1,248.47 million Baht, an increase of 202.25 million Baht or up by 19.33%. This was the result of our ability to control and manage expenses effectively, together with

Paholyothin Road where potentially develop the Mixed-use project in the future including boost up management efficiency and reduce risks of entering the share acquisition made by others. Development and

broadband business focused on quality of subscription and ARPU improvement. We witnessed a decent take up on network utilization in the key cities, supported by the active sale forces and promotions. In 1Q17

competitive areas, existing customers were attracted to change an operator by an offering of up to 50% discount for a few months, which caused industry’s ARPU to be pressured. Convergence packages combining

rose 8.8% YoY mainly from higher utilities on expanded 4G network whereas marketing expense including handset subsidy represented 6.6% of total revenue, up from 5.6% last year, to continue enhancing

% (2,766.3) (3,674.1) 32.8% Gross profit 496.5 463.7 464.1 0.1% (6.5%) 1,401.5 1,399.4 (0.1%) Net gain (loss) on exchange rate 83.6 86.7 113.7 31.1% 36.0% 169.6 195.8 15.4% Gain (loss) on forward contracts 6.0

) (256.0) N.A.(100) 12.2 1.3 (10.9) (89.3%) Other income 3.7 7.9 1.5 3.8 2.3 153.3% 12.8 16.9 4.1 32.0

subsidiaries (“the Group”) as follow: * Extraordinary items from non-operating, consists of unrealized gain (loss) on exchange rate of receivable under finance lease and gain (loss) on forward contracts