MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 2 2. ECONOMIC SITUATION Thai economy continually expanded supported by every economic engine especially merchandise exports that were uplifted from global trade

performance of Boonterm kiosk with the ARPU management more than 5% of growth from 2017 and relocating the kiosks from the area that generate low income to the new area that generate higher income. As well as

situation. As a result, income from both domestic consumption and foreign tourists increased. • Gross Profit margin in Q1/2023 was 63.6%, increased from 60.6% in Q1/2022, mainly due to increase in the

to re-open the hotels, the Company will gradually proceed in accordance with the situation and government policy of each area. For example, some hotels may re-open the restaurant first. Some hotels in

emergency declared in all areas of the Kingdom of Thailand dated 25 March 2020, and according to Section 9 of the Emergency Decree on Public Administration in Emergency Situation, B.E. 2548 (No.1) and Bangkok

SEC Secretary-General Ruenvadee Suwanmongkol said that SEC and the related agencies had discussed the COVID-19 situation and acknowledged limitations on the AGM holding of listed companies. The

and strengthen 4G 5G network based on 2600MHz has been rolled out in high data usage area in 77 cities with over 4,000 base stations, and already met NBTC roll out requirement of 50% of EEC area. By end

operating revenue due to the temporary closure of branches from the impact of COVID-19 outbreak as well as the closure of service area for renovation in some stores. • The Company’s gross profit in Q2/2021

mobile data usage saw strong growth in VoU, +24% YoY to 18.2GB per subscriber per month driven by pandemic situation, weak consumer spending and price competition around unlimited plans continued to

a decrease of 6.78% when compared to the previous quarter and decrease 6.19% when compared to the same period of last year. Due to fluctuated situation of raw material price which effected to our