Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018
for 2018 were THB 16,647.02 million, decreased by THB 281.45 million or 1.66% down from 2017, Revenue from feed segment declined by THB 250.97 million or 7.43% down from 2017 mostly from lower revenue
amount and the number of Boonterm kiosk which expanded to cover all areas nationwide. Details are as follows: 1) Income from rendering top-up service for prepaid phone and other online services (Commission
from increasing in total revenue from sales. The consolidated gross profit margin contributed of 13. 46% in 1Q2019, slightly decreased from 13.65% in 1Q2018. The participating profit from associates was
). Revenue has decreased 5.78 million baht (ratio 11.34%) due to sale local decreased by 3.94 million baht, decreasing return estimates 1.45 million baht, rental income increased 0.08 million baht, other
Banking In the third quarter of 2019, the Thai economy expanded at a rate lower than projection and below its potential. When excluding gold, the value of merchandises exported continued to shrink owing to
increased 0.3% QoQ and reached 45.6mn, representing a total net addition of 157k subscribers in this quarter. Prepaid subscribers decreased 138K, or -0.4% QoQ, from a contraction of consumer purchasing power