the income adjustment as mentioned above. For 1H18, gross margin was 31% higher than 28% gross margin of 1H17. This margin improvement was contributed by the increase of social security payment rate and
while related cost was not proportionally decreased. For 9M’18, gross margin ratio was 31% higher than 30% of 9M’17. This margin improvement was contributed by more revenue contribution from non-social
broadband business focused on quality of subscription and ARPU improvement. We witnessed a decent take up on network utilization in the key cities, supported by the active sale forces and promotions. In 1Q17
result, gross margin improved from 28% in 9M16 to 30% yoy and from 30% in 3Q16 to 33% yoy. This improvement was not only contributed by the increase of bill amount and social security payment rate but also
% yoy and improved to 30% in 4Q17 from 25% yoy. This improvement was not only contributed by the increase of bill amount of non-social security patient and social security payment rate but also by more
profit and more leverages. In addition, the improvement of return on equity was partly from the decrease of shareholders’ equity as mentioned above. For the financial risk perspective, despite the higher
purchasing power. However, from Sep-21 onward, restrictions were gradually lifted, resulting in some improvement in consumer spending. Meanwhile, competition in mobile industry remained elevated as operators
world trade volume. In addition, tourism sector and the agricultural sector expanded continually, as well as improvement in public consumption and private investment. While, public investment declined. As
1 2Q19 MD&A Advanced Info Service Plc. Executive Summary Competition in mobile saw an improvement In 2Q19 the price competition in mobile industry had improved with fixed speed unlimited data pricing
to Bt637 in 3Q17 compared to Bt600 in 2Q17, after discounted subscriptions expired. Our plan to expand coverage further from the current 28 cities remains to capture fibre demand. Profitability