instruments and the contractual cash flow characteristics of the instruments . The group designed certain derivatives as follows: a) Fair value hedge, the change in fair value of a forward contract, which is
subscribers remained stable at 40.1mn. Postpaid segment continued to grow robustly underpinned by increasing data consumption and prepaid-to-postpaid conversion trend. As a result, postpaid subscribers rose
subscribers. However, the scale of overall subsidized campaigns has been controlled. Pricing environment has been stable and slightly improved on the high-end segment after a raise in minimum ARPU of unlimited
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
remained at 3.1% per year, stable both YoY and QoQ. Profit In 3Q18, EBITDA was Bt17,817mn, increasing 1.3% YoY from improvement in core service revenue, lower regulatory fee and marketing expenses. QoQ
Fitch National rating: AA+ (THA), Outlook: Stable S&P BBB+, Outlook: Stable Source and Use of Fund: 1H20 (Bt.mn) Source of fund Use of fund Operating cash flow 43,114 CAPEX & Fixed assets 12,661 Sale of
% at constant FX rate. However, the reported numbers showed stable growth due to the unfavorable FX impact. Beverages Segment Domestic beverages net sales were at THB 4,388 million, THB 171 million
, stable ratio with the corresponding period of previous year. The main reasons were an increase in employee expenses of Baht 1 million due to salary increasing and an increase in promotion expenses of Baht
(BGRIM) at “A” with “stable” outlook. The rating reflects the company’s position as one of the leading private power producers in Thailand, its well-diversified portfolio of cogeneration power units under
was stable y-on-y in 6M’2020 at 3.31 THB/kWh which is in line with the Ft charge announced by the ERC. FINANCIAL PERFORMANCE REVENUE STRUCTURE ABBREVIATION & OUR PROJECTSEXECUTIVE SUMMARY FINANCIAL