sales volume of 3.55 percent and decrease in raw material cost, gas expense and repairs and maintenance expense but there were increases in salary and benefits of the employees. Cost of services was Baht
management continued resulting in controlled network OPEX. SG&A rose in the quarter to support customer acquisition and the one- time expense of Bt134mn on withholding tax. As a result, normalizing the one
of 2.08 percent and increase in raw material cost, salary and benefits of the employees, electricity expenses, gas expense and repair and maintenance expenses. Cost of services was Baht 96.07 million
the one- time expense, normalized EBITDA in 2Q19 was Bt19,753mn, increasing 4% YoY and 4. 5% QoQ, while normalized net profit was Bt8,234mn, increasing 2.9% YoY and 8. 1% QoQ. In conclusion for 1H19
74.85 million or 9.08 percent, due to the decrease in product sales volume of 4.58 percent and decrease in raw material cost, salary and benefits of the employees, repairs and maintenance expense and gas
contraction was -3% vs Q1 2019. This will be much worse in Q2 with a double-digit contraction, and on annualized basis, the IMF forecast for Thailand is now -6.5% in FY 2020 with a bounce back expected in 2021
& Device margin was negative at -1.2%, compared to +2.5% in 2Q20 due to decline in high margin devices sale from weak economy Cost & Expense In 3Q20, cost of service was Bt20,377mn, flat QoQ but decreasing
month while equipment rent was discontinued from 3Q19 and incurred a one-time expense of Bt121mn in the same quarter. New accounting standard effective in FY20: From 1 Jan 2020, AIS will adopt TFRS 9 and
, AIS fully expensed handset subsidy as either handset loss or marketing expense. With the effect of TFRS 15, key financial changes, compared to prior to 2019, will be as follows: a) Device subsidy
(based on budgets and our inter- nal guideline of 1:1 Net Debt: Eq- uity over the plan period. Table 4: IVL Organic Growth Plan with Associate Capex Estimated EBITDA Growth in 2019 over 2H17 Annualized