environment and stable competition along with the strategy to focus on quality customers, value uplifting through cross-sells and upsells, and increased tourist-related usages. However, it softened minimally

changes over the past few years. Traditional media such as television, newspaper, magazine and radio has been in steady decline, while Out-of-Home (“OOH”) and online/digital media have become the go-to

launch in the fourth quarter of 2024. Overall, the company continues to maintain steady growth in both sales and profits. 2. Significant events and developments The company has a total of 1 1 5 branches

in Q4/2018 continuously grew. Export-oriented manufacturing businesses continuously expanded but domestic-oriented manufacturing was rather stable as slow recovery of private consumption and high

Cambodia performance. At constant FX, our international business showed stable growth. As a result, total revenues from sales of Beverages segment booked at 4,690 million, decreased by THB 139 million (or

there are not yet substituted products. 3) This project that the Company will invest in is the assets which generate a reasonable return and support a stable growth and income of the Company in the future

generate a reasonable return and support a stable growth and income of the Company in the future. The project is expected to complete at the end of the year 2019. In addition, the Company’s profit can be

1.50 percent for almost all of 2018 to accommodate domestic economic activity, which is continuing along a stable recovery path. 1.2 Banking Industry and Competition In the second quarter of 2018

customer demand. The ARPU increased to 496 Baht, reflecting a 1.3% QoQ increase from consistent efforts to offer higher-value packages that meet consumer needs through segmented products. *Including

of subsidiary company in Malaysia which the company acquired 60% shareholding in July 2023. However, SG&A expenses remained stable compared to that of Q1 2024. Gain on foreign currency exchange rate