increase in gross profit. • EBITDA margin in Q2/2023 was 31.8%, decreased by 3.7% from Q2/2022, and EDITDA margin in 1H/2023 was 31.1%, slightly decreased by 1.5% from 1H/2022. The decline was mainly due to

witnessed a decline in gross add due to a more stringent control on Prepaid Identification (PI) that impacted new subscribers’ registration, as well as continued focus on quality subscriber acquisition

increasing of restructured loan. However, the SM Stage 2 amount 2,529 million baht, or 2.8% of outstanding loans, continues to gradually decline. The NPL coverage ratio stands at 152%, reflecting an

year. Additionally, administrative expenses and interest expenses were decreased. Meanwhile, Availability Payment (AP) decreased according to the PPA and electricity profit was down by lower dispatch of

subsidiaries recorded allowance for non- movement inventories in amount of THB 2.88 million and allowance for decline in value of inventories in amount of THB 29.97 million which accounted only 0.92% of total

be completed in the beginning of 4Q19 in preparation for high season. Hotel revenue is expected to temporarily decline during this renovation period then increase again from higher ADR and occupancy

for non- movement inventories in amount of THB 2. 88 million and allowance for decline in value of inventories in amount of THB 12. 02 million which accounted only 0.40% of total inventories value. It

margin of 26.3%, a decline from 32.2% in Q4/2016 as a result of higher cost of goods sold and higher sales contribution of CMG business generating small gross margin compared with branded business, as

inventories in amount of THB 2.88 million and allowance for decline in value of inventories in amount of THB 10.01 million which accounted only 0.36% of total inventories value. It showed that the Company

offset by a decline in prepaid revenue. Fixed broadband continued growing 29% YoY with 206,500 net subscribers added, and growth accelerated from 9M18. The strong growth was mainly driven by the FMC