from a tight cost control. Admin & others expenses declined -0.9% YoY from operational efficiency improvements. 1H23 EBITDA growth 2.7% YoY following the movement of core service revenue and well

(Easy E-Receipt) launched in Jan-Feb24. It declined -3.7% QoQ due to the seasonality of new iPhone selling which usually peaks in 4Q. The sales margin increased from 2.3% to 4.8% due to subsidy

2024 due to geographic diversification. In addition, revenue from dealership business still increased due to strong revenue from Honda sales in Malaysia while revenue from Thailand dealership declined

Thailand dealership declined from sluggish car market. Cost of sales and services decreased in accordance with lower sales. Gross profit decreased by 31.8% from Baht 2,693.7 million for 9M 2023 to Baht

to improved sales growth. Page 5 of 10 Management Discussion & Analysis Q3/2024 Revenue from the wholesale business declined in the dealer segment due to competition from major players in each region

million baht, which is sufficient for the Company’s operation and debt payment. The DSCR ratio of 0.22 declined compared to the previous fiscal year due to a higher amount of bank loan and bond maturities

from the scheduled maintenance in Q1/2017. Moreover, the selling and administration expenses had declined. When comparing the net profit of Q2/2017 to Q2/2016, it showed that GPSC’s net profit increased

cable television) with the highest market share of 64.8 percent, declined by 7.4 percent by the last year, which equivalent to THB 65,786 million, and newspaper, magazines and radio with a market share of

broilers to GFN in 2019 declined by 9.34% comparing to 2018 mostly from lower sales volume and selling price of live broilers. Processed Foods Segment Revenue from processed foods segment in 2019 consisted

              21  5.  3. 3. 29% 301,50 106,50 51 th service and S ance of 4‐5%. T e  larger  subscr nse and 4G net or handset subs EBITDA margin w profit declined Fixed broadban and 34% QoQ. has  increased