higher take-home product sales, which usually have lower gross profit margin than products served in store. EDITDA and EDITDA margin • The Company’s EBITDA in Q4/2019 and YE 2019 were THB 78 million and
Q1-2017 (THB 18,695/ton) due to the decrease in HRC market price worldwide and a stagnant of Thai economy in the first half of 2017 causes a lower demand of steel consumption. Management’s Discussion
increased 353% YoY from expanded subscription base and increased ARPU as the discount campaigns wear off. Despite lower regulatory fee, cost of service (excluding IC) increased 24% YoY to Bt46,480mn, from 4G
155.6%, arising from increase in available payment from GHECO-One, according to the Power Purchase Agreement (“PPA”) which is based on the principle that annual Availability Payment (“AP”) will not lower
public investment is anticipated to grow at the lower rate compared to last year due to the delay of extra-budget disbursement. For internal stability, headline inflation is predicted to reach 0.7 percent
from 25.2% to 44.7% due mainly to the fact that WHART solely used the debt funding from financial institution which is deemed lower cost of fund compared to the fund raised from investors to acquire the
higher take-home product sales, which usually have lower gross profit margin than products served in store. EDITDA and EDITDA margin • The Company’s EBITDA in Q4/2019 and YE 2019 were THB 78 million and
finance expenses, higher selling, servicing and administrative expenses from the consolidation and one-off expenses of Vienna House and lower one-off gain from asset disposals Total assets as of 31 March
due to higher network depreciation. SG&A stood at Bt19,327mn, rising 3.1% YoY mainly from higher staff cost and the one-time admin expense in 3Q18, offset by lower marketing expenses. As a result
“Notifications on Acquisition and Disposal”), representing the maximum transaction value of 6.15 being a transaction with the value of equivalent to or higher than 15 percent but lower than 50 percent, calculated