37.1% in 3Q2018, but improved from 35.5% in 9M2018 to 38.2% in 9M2019. Gross Profit Margins of excluding Other Utilities Revenue was 33.8% in 3Q2019 decreased from 34.3% in 3Q2018 due to higher

Profit Margin (GPM)  In 2019, gross profit from sales of real estate was THB 835.5mn,  increased from THB 740.1mn in 2018. GPM this year also improved to 27.3% from 25.2% in 2018. That was mainly due to

handset sale. However, overall consumer spending remained weak and AIS continued to exercise cost measures to minimize effect from slowdown in revenue. Mobile competition slightly improved Amidst weak

and the reduction of the central operating costs. • Admin expenses to total revenue in 9M/2020 was 19.3% which improved by 5.9% from 9M/2019 due to the higher proportion of the decrease in revenue from

implementation of leave without pay policy which was effective since Q2/2020. • Admin expenses to total revenue in 2020 was 19.1%, improved by 5.6% from 2019 due to the higher proportion of the decrease in revenue

business through BCP Trading Co., Ltd., the company’s performance has improved from a higher transaction volume in terms of product line, and new trade partners. Marketing Business Group has exhibited

. However, the effective cost control helped decrease SG&A expenses, thus overall performance has improved. Bio-based product business The Biodiesel business performance improved from the same period of the

million ( + 75% YoY, + 84% QoQ) , or earning per shares of THB 1. 35. The performance vastly improved mostly from the refinery business recorded high utilization rate and better GRM, as well as the power

remediation plan, contributing to constantly improved system of quality control within the firm. The most striking result to emerge from this inspection cycle was the improvement of “leadership responsibilities

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...