Service Income and Other Income Rental and Service income for the first quarter in 2019 was 155.5 million Baht lower than the first quarter of 2018 at 5.0%. A declining in rental and service income was

profit margin expanded from 7.73% in Q1 2017 to 7.97% in Q1 2018. Other income in Q1 2018 amounted to Baht 263.88 million, decreasing by Baht 15.68 million or 5.61% The Company and its subsidiaries had

since 4Q20, ARPU continued declining 10%YoY from new acquisition on low price package. Enterprise non-mobile business continued to deliver low-teen digit growth YoY with rising demand on clould, data

Income and Other Income Rental and Service income for the first quarter in 2018 was 163.7 million Baht less than the first quarter of 2017 at 8.1%. A declining in rental and service income was because the

previous year, due to the transition of a new strategic business partner as distributor, resulting in the declining sales during the transition period, let alone the fact that sales started through the new

resulted in THB sales declining by 3% of total sales or roughly Bt446 million in 2017. Cost of Sales and Gross Profit In 2017, the cost of sales was an average 70% of sales, an increase from 65% in 2016

follows; Operating Performance 1. Revenues Unit: Million Baht In general of the 1st quarter 2018, the Company could generate total revenue amounted to Baht 381.53 million decreasing 7 percent from the same

economy and price competition Mobile revenue was Bt28,847mn, decreasing -1.7% YoY and -2.5% QoQ impacted by low spending amidst Omicron’s spread and relatively high base of 1Q21 from government stimulus

.  Admin and other expenses were Bt4,198mn increasing 2.7% but declining 1.3% QoQ mainly due to staff cost. Net FX gain was Bt84mn increasing from Bt129mn net loss 1Q18 but decreasing from Bt129mn net gain

and continuous declining global economy and the greater range of fluctuation that had a strong effect to maritime industry. Please be informed accordingly. Yours sincerely, Chanet Phenjati President