(exclude spectrum) • Bt30-35bn Core service revenue is expected to grow mid-single digit In 2022, Thai economy is expected to be on a recovery path despite the uncertainty around the outbreak of new COVID-19

, there shall be consideration on change or uncertainty regarding economic, political, social and legal issues of the foreign country as well as the complexity in business continuity management of the

economic uncertainty, including as a result of global pandemics. As such, undue reliance should not be placed on the forward-looking statements contained herein. Any forward-looking statement is based on

. Low risk (volt.) Premium: Liquidity-constrained investors can no longer sustain their leveraged position during crisis. Size Premium: Smaller stocks tend to have lower profitability and high uncertainty

วะสุวรรณ  คณะบริหารธุรกิจ ภาคบัญชี มหาวิทยาลัย เกษตรศาสตร์ ​ ​ •   ผลงานวิจัยเรื่อง “A String of Earnings Increases, Future Earnings  Uncertainty, and Firm Fundamentals”  -  Presentation -  บทศึกษา โดย

political uncertainty, leaving the timing and format of Brexit in limbo. Despite these fragilities, the overall global economy was still resilient due to ongoing economic growth in many European countries

fragile, others remained mired in uncertainty in terms of new modes of competition, a broader marketplace within the ASEAN Economic Community (AEC) and the digital age, along with external changes

-changing consumer behavior. Given the increased degree of uncertainty in global economies and politics, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Within this

company board, for a straightforward reason: The board of directors is appointed by and should be accountable to the company’s owners. The board’s chief is its chair or lead independent director, who has

333/3 Viphavadi Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand Tel: +66 1207 or +66 2695 9999 Fax: +66 2695 9660 e-mail: info@sec.or.th BU I L D ING BR IDGES INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2014 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2014 BUILDING BRIDGES Securities and Exchange Commission, Thailand Securities and Exchange Commission, Thailand Contact Information  This report is available for download on the SEC website: www.sec.or.th  For more information, p...