of Thailand and NESDB, overall Thai economy in 2017 expanded by 3.9%, higher than 3.3% growth in 2016. This was mainly from acceleration of private consumption, export sector, and private investment in

performance of Boonterm kiosk with the ARPU management more than 5% of growth from 2017 and relocating the kiosks from the area that generate low income to the new area that generate higher income. As well as

quarter of 2019, the Company’s revenues were 5,979 million baht, showing an increase of 754 million baht or 14% y-y and 6% q-q. This was the result of continued growth in core business revenues that

kiosk usage and money trafer service which has continuously growth. 3) Advertising income was Bt12mn, decreased 7.7% YoY, due to purchasing power of consumers was not recovered to normal. As a result, the

sector the Thai economy continues to outperform with Q2 growth at 4.6% slightly below Q1 but remaining strong. Private consumption growth was robust in July and August, supported by higher consumer

, continued growth of bad debt recovery by 33% y-y as well as a strong growth from overseas businesses. As of November 30, 2018, the Company has active billings of 3.16 million transaction per month and 2.14

(1H 2019: 267.79mb), an increase of 78.56mb or 29.3%. Revenue from HR Solutions contributed 87.66mb or 41.0% to our growth year-on-year, largely because we T.662 636 6999 F.662 646 4200

the result of continue growth in core business revenues that increased by 10% y-y, especially in personal loan and hire purchase products as well as a strong growth revenue from bad debt recovery by 42

the securities sector. The SEC has been an ordinary member (with voting right) since 1992 and a member of the Presidents’ Committee, the Growth and Emerging Markets Committee (GEMC), and the Asia

due to perceived growth opportunities. According to Gordon’s (1962) constant growth dividend discount model (DDM), the PE ratio is positively correlated with the expected growth rate but negatively