cloud service. 1H22 Snapshot For 1H22, core service revenue was 66,063 million, an increase of 2.0% YoY, which corresponded with a gradual economic recovery. High competition and rising inflation put
%, respectively. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine gross margin in the second quarter
surged in sectors with high capacity utilization rates, such as the automotive and petrochemical sectors. On the other hand, progress in public infrastructure project construction remained gradual
. This is because of the gradual expirations of the BOI certificates, causing the expiration of the tax benefit. . Shares of profit of associates and joint ventures Unit: THB million Financial Performance
quarter of 2018, the Thai economy expanded well, driven by both growth in the foreign sector and gradual improvements in domestic demand. Merchandise exports improved both in terms of export quantity thanks
increased to 1,016 thousand tons, up by 5% year- on-year, with operating rates at 85%, following the gradual ramp up of the expanded PTA capacity in Rotterdam, higher IPA volumes and normalized production at
lower current account 2) Central bank monetary policy - gradual tightening of monetary policy could help ease pressure on Thai Baht. However, over- tightening could lead to rise in Thai money market rates
. 3) Gradual expansion of private consumption as consumer confidence continues to improve and 4) Other supporting factors, namely public and private investments and proposed stimulus schemes, such as