. Pricing impact on revenue: the company realized overall higher prices in Q4 compared with previous months on same-customer comparison basis given the robust demand and increased input cost pressure on all

positively, private consumption remained robust through amid still- weak inflation. On 10th July, a new cabinet was formed that should largely see policy continuation; however, given the coalition’s slim

product portfolio. MACO is now also exploring potential opportunities to expand our network to neighboring countries in Southeast Asian. We are responding to robust economic growth in the region and the

, total investment, and a robust export growth. As of May 31, 2018, the Company’s total cards reached 8.24 million cards (including 2.52 million credit cards and 5.72 million member cards), net increasing

sector the Thai economy continues to outperform with Q2 growth at 4.6% slightly below Q1 but remaining strong. Private consumption growth was robust in July and August, supported by higher consumer

, and review of development cost in accordance with project budget. After consideration of the above, benefits to be gained from alterations of conditions do not match development input, thus project

million or 3% year-on-year from continuous efforts of the Group to control and reduce costs in all business groups, although the decrease in costs did not match with the decrease in revenues. The Group

were as follows: (1) Club and international football match sponsorship fees: The sponsorship fees were recognized as expenses in accordance with payment terms, economic benefits, and the period in which

expenses were as follows: - Translation - Page 3 of 4 (1) Club and international football match sponsorship fees: The sponsorship fees were recognized as expenses in accordance with payment terms, economic

make it impossible to match such orders. 3.6 Risk from Position Restriction or Prohibition The Derivatives Exchange, the Clearing House or the Office of Securities and Exchange Commission may order