stable QoQ. Return on Asset stood at 13.9% which increased from 2Q18. This resulted of efficiency in ARPU management and cost effective control. Return on Equity stood at 46.0%, increasing from 2Q18, due

period of 2019. This increase was mainly due to switching towards more cost-effective marketing channels. Administrative Expenses In the 3rd Quarter of 2018 and 2019, administration costs increased from

switching towards more cost-effective marketing channels; the main factors for the increase were (1) higher staff, rental, utilities and depreciation expenses from opening new branches and (2) higher

a timely and cost-effective way to raise funds. In the past few months, ICO has grown exponentially and has surpassed early-stage venture capital funding for blockchain. Many questions have also

Company also aware of the current situation and has adjusted operations to maintain revenue growth along with consistently enhanced quality and capability of service under cost-effective management to

more efficient marketing by switching towards more cost-effective marketing channels, which decreased from the previous year by THB 3.3 Mn; the main factors for the increase were (1) higher marketing

marketing by switching towards more cost-effective marketing channels, which decreased from the previous year by THB 4.8 Mn. However, the group had higher marketing support and commission expenses paid to

Business goal served by GHG accounting Managing GHG risks and identifying reduction opportunities • Identifying risks associated with GHG constraints • Identifying cost effective reduction opportunities

% YoY, with admin expense up 35% YoY due to higher performance-related staff costs. Marketing expenses increased by 6.0% YoY while maintaining a focus on cost-effective strategies that generate returns

strongly, especially on a same-store basis that continues to grow together with cost effective management. Excluding the non-recurring items, total revenue increased 9.0% YoY and net profit increased 7.4