comprised of enterprise business, grew 8. 8% YoY driven by improving sales in both telecom and ICT services as well as CSL’s revenue consolidated since Feb-18. Network OPEX excluding cost of TOT partnership
network and service. This resulted in overall network OPEX ( excluding cost of TOT partnership) to stay flat YoY or remained at 8% of core service revenue. The focus on effective spending amidst intense
of 25.0%, leaving 290bps gap to the 2nd player. - Fitness First project delivered more than THB 700 million cost/expenses saving in 2018, which drove Q4’18 Gross margin to 34.5%, +270bps QoQ. *Net
12% discount at JCB merchants. For every spending 20 baht, card member will earn 1 point and every 2 points will earn 1 Mile from Japan Airlines and Thai Airways. Moreover, they can enjoy the JCB
318.97 53% 181.82 39% 137.15 75% Restaurant 137.73 23% 155.32 33% (17.59) (11%) Language institute 144.53 24% 127.70 28% 16.83 13% Total Revenue 601.23 100% 464.84 100% 136.39 29% Cost 390.68 65% 312.62 67
total revenues of THB 2,407.17 million, a decrease of THB 153.73 million. Cost of sales and rendering of services was THB 1,716.07 million, an increase of THB 31.88 million. Gross margin was THB 691.10
baht, a decrease of 315 million baht or 17% y-y, mainly resulted from a dropped in credit card spending and cutting in ceiling interest rate for credit card by 2%, which effective in 1st August 2020
cost by follow digitalization planning. In addition, the Company entered into a joint venture agreement with BSS Holding Company Limited and Humanica Public Company Limited to incorporate a joint venture
credit card by 2%, which effective in 1st August 2020 and decreasing of credit card spending due to the impact of the COVID-19 pandemic. However, credit card revenue was 30% of total revenues. For overseas