regulatory concern, both global & national level Responding to climate change focus Growing institutional and retail investors interest Shifting consumer preferences and embedding in business increasing global

same quarter of the previous year (increased by 3.6 percent from Q3/2019), mainly due to the increased proportion of new season seaweed which accounted for decreasing costs, and the growing utilization

year and 7.6 percent increase from the 1st quarter of 2017. China, the United State and Vietnam are continue growing from the previous year. While the sales in Indonesian market plummeted during the 1st

Rationale • Deepens the Bank’s presence in Indonesia, the largest ASEAN economy with GDP of US$1.04 trillion3 and 267 million population with young working age population, growing middle and upper income

collaboration and facilitation for new entries and offering new business models in line with the growing technology-driven landscape and changing consumers? behaviors. Locally, a major driving force that is the

started its positive contribution to NPAT. Continued growth in digital services AIS digital services continued to scale in size focusing on growing user base both in consumer segment and enterprise

effect in 2017 that represented a reduction of about 2% on average and a fire incident on June 18 that caused a backlog of order valued more than USD 2 million by the quarter end. However, consignment

Goodwill In 2017 the Company experienced a loss in impairment of goodwill due to purchase of additional business valued at THB 121.71 million. In 2018, due to better performance of the Company’s subsidiary

which valued by Discounted Cash Flow method. Benefits Expected to be obtained by the Company 1. The Company acquire new share of FD from current shareholder equaled to 51 percent of the registered and

revenues from High-Valued Document and Digital Print and Mail. Revenue Breakdown T.K.S. Technologies Public Company Limited Management Discussion and Analysis Operating Results for the period ended 31