decreasing 0.7% QoQ. Excluding cost of TOT partnership, network OPEX would increase 7.6% YoY and 4% QoQ due mainly to utility and maintenance costs from 4G network expansion. Other costs of service were
. Net Interconnection charges (Net IC) was Bt56mn, increasing from Bt51mn in 3Q16 but dropped from Bt60mn in 2Q17. SIM & device sales were Bt5,022mn, a decrease of 0.8% YoY and 14% QoQ. In 3Q17, sales
margin (%) 62.8% 64.6% 61.2% EBITDA margin (%) 21.6% 5.9% 18.4% Operating EBITDA margin (%)* 21.6% 5.9% 18.4% Net profit margin (%) (14.2)% (21.7)% (5.5)% * Excludes impairment charges, profit/loss from
. (
% Finance costs (25.1) (34.1) (35.7) 4.7% 42.2% (51.4) (69.8) 35.8% Profit before income tax 235.2 388.9 388.3 (0.2%) 65.1% 883.5 777.2 (12.0%) Tax income (expenses) 14.6 (28.6) (21.8) (23.8%) N.A. (
%) Administrative expenses (67.3) (82.1) (106.1) 29.2% 57.7% (232.4) (272.9) 17.4% Finance costs (27.8) (35.7) (36.1) 1.1% 29.9% (79.2) (105.9) 33.7% Profit before income tax 419.2 388.3 446.0 14.9% 6.4% 1,302.8
) (378.6) (48.3) (12.8) Finance costs (109.8) (108.8) (107.1) (86.9) (20.2) (18.9) (412.6) (482.5) (69.9) (14.5) Profit before income tax 127.7 202.9 229.2 252.6 23.4 10.2 812.4 562.1 250.3 44.5 Tax income
demand in key cities. EBITDA margin is expected to improve and be in a range of 45-47%, underpinned by better revenue momentum and controlled costs, particularly network OPEX from company-wide cost
- (50.8) 8.4 N.A.(>100) N.A.(>100) - 7.1 N.A.(>100) Administrative expenses (84.5) (77.2) (67.3) (12.8%) (20.4%) (259.0) (232.4) (10.3%) Finance costs (107.1) (25.1) (27.8) 10.8% (74.0%) (325.7) (79.2