Period (Day) 58 58 66 CASH CYCLE (Day) 9 14 18 PROFITABILITY RATIO Gross Profit Margin (%) 8.57 7.82 10.37 Net Profit Margin (%) 4.61 3.56 5.94 Return on Equity (%) 6.03 5.01 8.05 EFFICIENCY RATIO Return

advertising industry remains sluggish as evident from the contraction of overall advertising expenditures by 11.4% YoY to 26,351mn in 2Q 2017/18. Advertising expenditures in the TV sector having the highest

21.8% 89.0% EBITDA 100 103 115 11.4% 14.7% Net profit from operation 49 39 38 -2.9% -22.3% Net profit (exc. Minority Interest) 62 33 39 19.0% -36.9% Gross profit margin 61.0% 33.7% 37.9% EBITDA margin

of service and SG&A. As a result of demand weakness, EBITDA in 1Q22 dropped -0.8% YoY and -2.3% QoQ to Bt22,404mn with a margin of 49.5%. Following declined EBITDA, AIS reported a net profit of

challenges associated with COVID-19, OSP delivered Q2’20 Net profit* at THB 804 million, +13.2% YoY with net profit* margin of 13.6%, +230 bps YoY. 1H’20 Net profit* was at THB 1,730 million, +8.2% YoY, with

Quarter ended 30 September 2020 Page 3/19 Thailand's Private Sector Collective Action Coalition Against Corruption Certificate LH Financial Group Public Company Limited, Land and Houses Bank Public Company

% EBITDA Margin (%) 5.9% 7.8% -1.9% 1.4% 4.5% 3.8% 5.7% -1.9% Stock Gain/(Loss) & NRV -13 -24 -46% 13 -200% -132 -463 -71% Adjusted EBITDA(1) 239 310 -23% 31 671% 631 1,386 -54% Adjusted EBITDA Margin

2019 (COVID-19), the Government sector has issued several Emergency decrees such as closing of border checkpoints, closing of department stores and prohibiting traveling across provincial areas. As a

% of net profit margin comparing with Q2 2016. Apart from the additional costs of SBT’s impairment, the increment of gross and net profit was mostly caused by the improvement of products’ spread margin

MTHB or 4.8% of net profit margin comparing with Q3 2016. Apart from the additional costs of SBT’s liquidation, the increment of gross and net profit was mostly caused by the improvement of products