Parent was Baht 1,024.9 million, a 28.0% increase from 1H2018. Significant Events in 2Q2019:  From 1 January 2019, the new Thai Financial Reporting Standard in relation to revenue recognition (TFRS 15

, up by THB 20 million from the corresponding period last year. Such a significant increase was due to our higher requirements for funding from financial institutions for the purpose of liquidity and

 Net debt to equity ratio as of 31 March 2018 stood at 0.34x, an improvement from 0.93x in 31 December 2017. Current ratio as of the same date stood at 3.09x, a significant improvement from 1.70x, both

Page 2 Management Discussion and Analysis 1. Significant events in the second Quarter of 2018  The progress in construction projects - Xayaburi Project, a project of the Xayaburi Power Company Limited

transaction under the Notifications on Acquisition or Disposal of Assets, therefore, the Company is required to comply with the Notifications on Acquisition or Disposal of Assets accordingly. The significant

and THB 631.63 million, decreased by THB 271.45 million or 42.98%. Represent a significant portion of the total revenues of 93.37% and 95.85%. - In 3rd quarter of 2018, Products sold 15,708 tons at

Adjustment (TFRS 15) of Baht 413.7 million. Therefore, the 9M2019 Normalized Profit attributable to Owners of the Parent was Baht 1,470.7 million, a 18.6% increase from 9M2018. Significant Events in 3Q2019

all countries where the Company owns or operates its businesses. Significant Developments Impact from COVID-19 pandemic The Company announced the temporary suspension on hotel operations from April 1

a decreased EBITDA. Net cash flow from investing was at Bt14,455mn for network investment and Bt3,474mn for spectrum license. As a result, free cash flow for 1H22 was at Bt18,274mn (OCF less CAPEX and

administrative expenses amounted to THB 964.13 million, increased by THB 102.76 million (+11.93%). Significant increasing items included (1) Marketing expenses, increased by THB 82.02 million, resulted from “The