witnessed a decline in gross add due to a more stringent control on Prepaid Identification (PI) that impacted new subscribers’ registration, as well as continued focus on quality subscriber acquisition

increasing of restructured loan. However, the SM Stage 2 amount 2,529 million baht, or 2.8% of outstanding loans, continues to gradually decline. The NPL coverage ratio stands at 152%, reflecting an

electricity sold by 39 Gigawatt-Hours or 6%, while volume of steam sold decreased by 29 thousand tons following the decline in demand of industrial users. Q1/2018 VS Q1/2017 (YoY) • The revenue for Q1/2018

was Baht 9,628 million, decreased by Baht 359 million or 4% compared to 2016. This is due to the decline of cost of natural gas following the usage of natural gas. Thus in 2017 average cost natural gas

subsidiaries recorded allowance for non- movement inventories in amount of THB 2.88 million and allowance for decline in value of inventories in amount of THB 29.97 million which accounted only 0.92% of total

be completed in the beginning of 4Q19 in preparation for high season. Hotel revenue is expected to temporarily decline during this renovation period then increase again from higher ADR and occupancy

for non- movement inventories in amount of THB 2. 88 million and allowance for decline in value of inventories in amount of THB 12. 02 million which accounted only 0.40% of total inventories value. It

margin of 26.3%, a decline from 32.2% in Q4/2016 as a result of higher cost of goods sold and higher sales contribution of CMG business generating small gross margin compared with branded business, as

inventories in amount of THB 2.88 million and allowance for decline in value of inventories in amount of THB 10.01 million which accounted only 0.36% of total inventories value. It showed that the Company

offset by a decline in prepaid revenue. Fixed broadband continued growing 29% YoY with 206,500 net subscribers added, and growth accelerated from 9M18. The strong growth was mainly driven by the FMC