. Marketing expenses declined significantly by -12%YoY from lower activities during lockdown, while admin and other expenses dropped -5.5%YoY from shop rental saving during lock down and one-time legal

margin of 51% from revenue growth, lower pressure in utility cost, as well as efficient cost management in marketing expenses. AIS reported a net profit of Bt8,146mn, increasing 35% YoY and increasing 14

commission, resulted in overall cost of service decreasing -1.5%YoY and remained flat QoQ. SG&A was under well-controlled, declining -26%YoY and flat QoQ. Marketing expenses dropped -33%YoY from lower

% YoY, with admin expense up 35% YoY due to higher performance-related staff costs. Marketing expenses increased by 6.0% YoY while maintaining a focus on cost-effective strategies that generate returns

to maintain profitability through effective marketing to boost sales, while increasing efficiency in the management of raw material costs and other expenses. Nonetheless, from the aforementioned

control the quality of coconut water throughout the supply chain. However, export branded sales continued to grow outstandingly by c.35% YoY as a result of the Company’s successful marketing strategy in

. Handset campaigns were more selective with limited discounts, resulting in marketing expenses subsiding from 10.5% to 6.3% to total revenue. Network OPEX rose 36% YoY mainly from fully recognized payment

upgrade were the key marketing tool to attract new customers and prevent churn. In addition, building accretive value by providing value added services, such as multiple routers for broader home coverage

rose 8.8% YoY mainly from higher utilities on expanded 4G network whereas marketing expense including handset subsidy represented 6.6% of total revenue, up from 5.6% last year, to continue enhancing

Bt15,880mn. Marketing expenses were Bt4,310mn, decreasing -12% YoY with limited marketing activities. Admin & other expenses dropped -14% YoY to Bt11,570mn. As a result, EBITDA in 9M21 increased by 2% YoY