than in 2017 which mainly supported by acceleration of global economy growth. Moreover, expansion in private consumption, export growth, and private investment from last year was due to higher consumer

profit for th ncrease from rease espec d administra million bah of 2017 the by 229.9 mil rative expen wances for d t expansion. 30-Jun-17 MB    262.6 315.8 1,740.4 1 209.1 459.1 2,223.4 1 467.1 270.3

the expansion of Boonterm Kiosks. Expenses and expenses to revenues from main business 2Q17 2Q16 Increase (decrease) Million Baht % Million Baht % Million Baht % Selling expenses 36 2% 20 2% 16 80

aligned with the expansion of Boonterm Kiosks. Expenses and expenses to revenues from main business 3Q17 3Q16 Increase (decrease) Million Baht % Million Baht % Million Baht % Selling expenses 21 1% 25 2% (4

%. An increasing was mainly from administrative expenses which results from bad debt allowance in lending business and personal expense increase from business expansion. Operating profit in 2017 was 1,109

2018 primarily due to the US-China trade war and global uncertainty contributed negative impact on export growth. The growth of credit card business in Thailand continue expansion due to overall economic

cost, higher online travel agency costs, and employee costs to support the expansion of hotel business. 1Q18 EBITDA margin was 25.5%, compared to 23.0% of the previous year. In 1Q18, depreciation and

investment in business expansion, and the cash flows in operating activities in the future to execute the Restaurant Franchise Business Acquisition Transaction, which shall in no way affect the Company’s

expansion, ii) increase in professional expenses including consulting fees related to operational systems preparation and legal fees, iii) incurred unrealized loss from exchange rate of equipment deposit

start to see an initial use of 5G, the 700MHz and 2600MHz spectrum, of which the licenses are applicable to both 4G and 5G, can also be deployed onto the current network in order to support the expansion