and 36.0% in 1Q16 following softer handset subsidies and one- time USO fee booked in 1Q16. Net profit was Bt7,693mn, improved 19% QoQ but dropped 4.7% YoY. FY17 guidance is maintained (Please see detail
Environment Mobile market continued to grow following customer behavior using more mobile data while 4G penetration expanding. Handset subsidies stay as a key attraction for operators to acquire and retain
gross profit margin for 2018 was 47.4%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine
. Because of the Company and subsidies have transferred the ownership the following rights to the projects as follows; J Biz-J town- J City -J villa preaksa , J Biz- J Town J City - J Villa Rangsit, J Biz- J
of handset subsidies ( See Significant Event) . Considering relevant comparison, throughout 2019 the discussion of AIS's performance will be based on without TFRS15. Significant Event Since Jan-19, AIS
in public buses, and fleet trucks by price subsidies on B20 to be lower than B7 by 3 Baht/liter through State Oil Fund, more encouraging public to use B20 by increasing price subsidies on B20 from 3
all android handsets, to exhibit leadership in 4G. Handset subsidies remained stable and more targeted; however, the competition in fixed- speed unlimited plans has challenged an ability to increase
speed unlimited price plan while handset subsidies were more locally- focused compared to last year. With accumulation of fixed- speed unlimited subscribers, revenue and ARPU have been pressured. However
business according to the accounting standards under WHA level. However, the genuine gross margin in were at 53.0% and 51.1%, respectively. The decrease in genuine gross margin, compared to the same period