strong network quality. The full-year guidance and outlook for 2018 was maintained as presented on page 6. Significant Events 1. AIS, via AWN, currently holds 81.47% of total CSL’s outstanding share and is

% Total Equity 42,708 15% 50,427 18% Credit Rating Fitch National rating: AA+ (THA), Outlook: Stable S&P BBB+, Outlook: Negative Source and Use of Fund: FY17 (Bt mn) Source of Fund Use of Fund Operating

Community (AEC), and the advancing digital age amid the rapid pace of technological advancement, thus leading to changing customer behavior, regulatory changes and life platform-driven competition. Given the

, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business

. Nonetheless, the business sector remained challenged by new modes of competition, the broader marketplace amid the advancing digital age, regulatory changes, the rapid pace of technological advancement and fast

strong across-the-board growth. The business sector remained challenged by new modes of competition amid the advancing digital age and the rapid pace of technological advancement, together with the

consumption and impair household debt serviceability and (5) the sluggish investment demand due to uncertain macroeconomic outlook, tightening credit conditions, and the delays in government budget process. For

2017/18 2018/19 Liquidity Ratios 31-Mar 2018 31-Mar 2019 Efficiency Ratios Leverage Ratios   MANAGEMENT OUTLOOK Advertising Payment Logistics

Profitability Ratios 1Q 2018/19 (Restated) 1Q 2019/20 Liquidity Ratios 31-MAR 2019 (Restated) 30-JUN 2019 Efficiency Ratios Leverage Ratios  MANAGEMENT OUTLOOK

previous quarterly To: The President The Stock Exchange of Thailand Thailand's economic outlook for the year 2018 is likely to be bright. After seeing a clear recovery in the last quarter of last year