retraction of economic activities and consumer spending. The consumer sentiment remains fragile as the country waits for vaccination against the new variant. Despite of such economic weakness, we delivered

sentiment with 1.3% growth YoY, driven by C-Vitt (+249.3% YoY). New beverage production capacity completed earlier than planned, which enabled us to serve unmet C-Vitt demand and continue driving category

economy, supported by increased stability, government stimulus, and tourism recovery, despite weaker consumer sentiment, lower private investment, and flood. AIS reported core service revenue of Bt40,799mn

fuel costs have decreased, and our SG&A is significantly down year on year -24% as we focused on reducing costs in order to compensate the challenging market conditions. Going forward we continue to seek

rational investment decisions but their decisions are usually influenced by several factors and restrictions; emotion, beliefs and biases, for example. Those factors and restrictions cause investors to

also resembles, while we will continue to improve on our journey to zero injuries. Operationally our continued focus on quality and services resulted in recognition from our customers in the form of

consumer sentiment worsened. As in the previous quarter, in Q4 the main lime consuming sectors of the industry were impacted by the macro economy. However, despite the current challenges in the economy

mobile industry has remained competitive as low-priced unlimited prepaid plans continue to dilute ARPU. Overall, pricing environment in prepaid market segment remained challenging to improve ARPU as

future. Business wise H1 2019 was challenging particularly in the most recent quarter. Business sentiment in multiple industrial segments important to us has been impacted by the macro economy and the

2019. For the 1H 2020, TigerSoft contributed 68.08mb to HUMAN’s sales and service revenue. Revenue continue to grow for HR Solution at 19.58mb but was partially offset by a decrease in our Financial