a gross profit of 237.71 mb (2017: 192.41 mb), a significant increase of 45.30 mb or 23.5% improvement. The reduction in cost of service also contributed positively to a better gross profit margin at

to the same period of the previous year. Gross Profit and Gross Profit Margin EMS business The Company had gross profit from EMS business for 2019 amounting to Baht 264 million, which was decreased by

gross profit margin of its business decreased 7.2% effect gross profit decreased 32.13 M.Bht. In addition ,in 2018 the advertising expenses increases 5.52 M.Bht 2. Financial Status and Major Financial

) (5,394.3) (657.9) 12.2 Gross profit 2,828.3 2,679.0 149.3 5.6 Gross profit margin 31.8% 33.2% Distribution and Administrative expenses (1,231.7) (1,131.9) (99.8) 8.8 Operating Profit 1,596.6 1,547.1 49.5 3.2

Profit 171.00 151.43 -19.57 -11.44 44.08 38.46 47.69 9.23 24.00 3.61 8.19 Gross Profit Margin (%) 17.57 17.79 0.22 1.25 18.04 18.09 22.09 4.00 22.11 4.05 22.45 Net Profit (Loss) 28.25 -19.88 -48.13 -170.37

(5.5% of revenue from 10.5% in 2016). Network OPEX was flat QoQ but increased 99% YoY mainly from 4G expansion and addition of TOT partnership payment. EBITDA margin improved to 44.6% from 36.4% in 4Q16

direction. Therefore, total revenue increased by 1.5%, but the change in total expenses decreased by 2.2%, due to the higher gross margin of project delivery Q1-2017 compared to that of Q1-2016. Net Profit of

Cost of sales 54.99 50.34 Gross Profit 101.21 88.04 Gross Profit Margin (%) 64.80 63.62 For the three-month period ended 31 March 2017, gross profit of the Group was THB 101.21 million or equivalent to

cost of sales increased by 2.57 million baht, representing a gross margin for the three months 38.54 % (2016: ratio 42.97 %). Cost increase as a result of increased raw material prices which makes the

132.44 million or up by 3.56% over the same period last year. In addition, gross profit margin as a percentage of sales has increased from 25.40% in the second quarter of 2016 to 25.99% due to change in