of MACO. Cost-to-sales ratio, however, decreased from 41.6% to 39.0% primarily due to sales growth outpaced cost growth, improved operational efficiency and cost management especially in the Outdoor
as integrated operators focused on offering higher bundling value than standalone products. 2 2Q18 MD&A Advanced Info Service Plc. 2Q18 Operational Summary In 2Q18, total mobile subscribers were 40.1mn
% primarily due to sales growth outpacing cost growth and improved operational efficiencies. Consequently, gross profit was up 38.2% YoY from THB 496mn to THB 685mn. Gross profit margin considerably increased
comprised of (1) nationwide on-ground operational marketing expenses of Bao Dang Ladies amounted to THB 62 million, up by THB 3 million or 4.9% (2) advertising expenses in other formats amounted to THB 68
55 million or 37.5%. Such expenses comprised of (1) nationwide on-ground operational marketing expenses of Bao Dang Ladies amounted to THB 62 million, up by THB 3 million or 4.9% (2) advertising
Dusit Fudu Hotel Management in China despite better operational results from last year. EBITDA of Hotel Business in 1H18 was increased by 10.9% from that in 1H17 to THB 468 million due to increased
financial institutions. A summary of the key operational matters and events for the 2nd Quarter 2018 2Q2018 was another challenging quarter of GFPT Group. We had total revenue from sales of THB 3,982.32
financial institutions. A summary of the key operational matters and events for the 3rd Quarter 2018 3Q2018 was another challenging quarter of GFPT Group. We had total revenue from sales of THB 4,516.69
THB 162 million, drop by THB 19 million or 10.3%. Such expenses comprised of (1) nationwide on-ground operational marketing expenses of Bao Dang Ladies amounted to THB 62 million, drop by THB 1 million