partly due to the high base of last year. Public spending excluding transfers also declined from acceleration in disbursement during last year. Nevertheless, private consumption remains the key driver with
23% YoY and 25% QoQ due to lower rental of tower and 2G equipment following settlement of disputes. Other costs of service were Bt2,455mn, decreasing 12% YoY and 1.5% QoQ. YoY, the main driver was
to generate income. ● Food business continues to grow. The Company has a positive view on the food business and is confident that food business revenue will meet the target. The key growth driver is
driver. Continue investing in 5G/4G to strengthen leading position To strengthen our leading position, AIS maintain our investment plan for long term with CAPEX budget of Bt25-30bn focusing on building 5G
tourism sector, which is a key driver of the Thai economy in recent period, grew moderately owing to the growth in the number of tourists of most nationalities; especially tourists from ASEAN countries. For
business targets verticals grows at 6-7% year-on-year. The automotive vertical is a key growth driver for IVL within its rapidly expanding HVA portfolio benefiting from mega-trends like light-weighting
ROE of 20.3% and a core ROCE of 15.8%. Note: All ratios are based on US$ calculation The HVA fibers business verticals grow at 6 to 7% year-on-year. The automotive vertical is a key growth driver for
important economic growth driver. For the banking sector in the year 2017, overall commercial bank loans expanded at a greater pace than the previous year, in both corporate and consumer loans, in line with