operators have committed to increasing 5G customer perception and expanding network coverage in high density of demand areas. As a result, 5G adoption reached around 4mn subscribers, underpinned by the rising

38.3 12.7 14.5 33.5 For the 3-month period ending 31 Mar 17 31 Mar 18 Note: 1/ Energy Drinks and Sport Drinks 2/ Drinking Water, 3-in-1 Coffee and RTD Coffee The capacity expansion projects to support

hit merchandise exports, and domestic demand. Private consumption indicators indicated the slower expansion in most sectors. Manufacturing production and private investment contracted. Nevertheless

Baht 1.96 million from increasing in employee to support the expansion of water business. The subsidiary rent the office space by itself. 6.3 Other increasing in amount of 2.58 million Baht due to the

materials and factory supplies which was in accordance to an increase in sales revenue in this period. Moreover, cost of Disc material that was increasing from the changed in global steel market price since

FY20.  Depreciation & amortization was Bt38,601mn, increasing 5.5%YoY from 2600MHz spectrum acquisition in 1Q20 and 4G/5G network expansion offsetting with fully depreciated 3G network equipment

1Q20.  Depreciation & amortization was Bt9,606mn, increasing +8.0%YoY from continued network expansion on both 4G/5G and 2600MHz license amortization, but declining -1.1%QoQ from fully amortized 3G

network capacity expansion. Revenue from interconnection charge (IC) and NT partnership recorded at Bt3,413mn increasing 6.9% YoY and 4.9% QoQ from an increased traffic usage with NT offset by lower IC

from other brand, representing 37.87% compared with 36.78% in 2017 because the Company changed product proportion by increasing brandname sales to attract the customers. Nevertheless, the Company plans

between the US and China, and the global economic slowdown. The economic forecast for 2019 is for the country to continue to grow at a slower rate than prior year; the expansion of consumption is expected