lower sales in OEM-Personal care business. Q3’19 the Company’s gross margin improved to 34.6%, +280 bps YoY. This level of gross margin has been sustained since Q4’18 thanks to “Fit Fast Firm” project

of 2019, the Company had the inventory decreased by 322.7 million Baht to the level of 1,006.4 million Baht at the end of 2019. Besides, being a trading partner with AIS, the number one network

slight increase YoY partly attributed to higher income from the management of CPNRF, the performance of which rose after the completion of renovation activities at CentralPlaza Pinklao and CentralPlaza

investment in machinery to improve production efficiency and reduce production cost, in order to prepare for an increased level of production in the future.  Q3/2017 net profit rebounded remarkably by 27% QoQ

total revenue in Q4/ 2016. The slight decline in gross margin incurred due to the recognition of project with lower gross margin in this quarter. Lastly, net profit is equivalent to 21.94 million THB or

EBITDA margin was 18.6%, a slight decline from 18.8% in 2016. In 2017, depreciation and amortization decreased by 11.6% yoy to THB 536 million, due to the change of estimated useful life of the assets

cost of sales, compared to that of the previous year of 78%. This was attributed to the slight change in product mix by having more sales contribution from Automotive products that have comparatively

%YoY, driven by postpaid subscriber growth and ARPU improvement from price uplift in 1H19. Although competition in prepaid pricing escalated in 2H19, there was a slight increase in blended ARPU from

Company’s total SG&A expense level was at 23.2% of sales, slightly higher YoY, mainly due to more marketing and activation programs to support several new product launches during the quarter and the impact of

by 1.5% YoY due to Kyat currency depreciation (at constant FX, total Myanmar sales would have been +6.8%). Laos grew 7.5% YoY while Cambodia performance was dragged by high stock level with the