, resulting from the pressure of excess supply of Light Sweet crude in the market; after production of US Shale oil increased. Compared to the previous quarter, the difference between average Dated Brent and
price in Q3/ 2018, on average decreased by 1. 38 $/BBL when compared to Q2/2018 due to high pressure from increasing demand for Dubai crude during the Summer season in the Middle East, combined with a
return index. In the case where the benchmark cannot be identified as the total return index, the hurdle rate shall be disclosed in conjunction with the explanation of the appropriateness of such hurdle
total return index, the hurdle rate shall be disclosed in conjunction with the explanation of the
total return index, the hurdle rate shall be disclosed in conjunction with the explanation of the
pressure and weak economy. While competition in prepaid segment remained competitive, the postpaid competition escalated in late-Feb as all operators introduced 10Mbps speed unlimited data plans at Bt300
plan continued to pressure ARPU to drop from Bt533 to Bt476. Other service revenue was Bt4,552mn, increasing +1.0%YoY due to rising demand for enterprise non-mobile following digitalization trend
pressure and weak economy. While competition in prepaid segment remained competitive, the postpaid competition escalated in late-Feb as all operators introduced 10Mbps speed unlimited data plans at Bt300
effectively. Consequently, we recorded Bt5,251mn in revenue, growing 26% YoY. Soften EBITDA from cost pressure AIS EBITDA in FY22 was Bt89,731mn, dropped -1.8%YoY mostly from a surging electricity price and
due to the effect of the WLTP, which resulted in a low production utilization rate and led to a higher cost of goods and pressure on profit margin. The average profit margin in 2018 was 26%, which is