more than its target, which reflected in 2019 gross margin increase by 250 bps YoY to 34.9%. Q4’19 Gross margin was slightly improved 50 bps YoY and recorded at 35.0%, despite the impact of new sugar tax
power plants that were fully developed and are in operation, namely (i) the inclusion of revenue from BPWHA1, located in Hemraj Industrial Estate, that started commercial operation dates on November 1
Competitive Environment Mobile market in 1Q19 continued to face pricing pressure. Although competition in postpaid segment has improved with most of low-tier fixed-speed unlimited plans discontinued, several
lower in year of scheduled major maintenance, the Company expects higher AP during 3Q-4Q2019 to fully compensate lower AP revenue in 1Q2019 if GHECO-One achieve CAH of 2019. Dividend received from Glow
Advertising, Payment and Logistics business. Acquiring industry-leading logistics capabilities through Kerry, will facilitate an improved, physically connected ecosystem that creates a better customer
of 2021. The fixed broadband market continued to grow healthily following work and learn from the home trend while the price competition was slightly improved as the operators had been focusing on
the form of outsourcing or partnership. In this regard, the partnership-based business operation guidelines must be improved from the SEC circular in this matter. SEC has therefore proposed issuance of
Bt30,775mn, increasing 4.3% YoY 1.4% QoQ, driven by improved consumer sentiment and increased data consumption. AIS mobile ARPU continued to benefit from package restructuring in prepaid, personalized cross
company, while the company still has improved on the inventory cost management as well as sales mix management in each product category efficiently, and strictly controlled on the selling and administrative