3.5% driven by higher sales of the energy drinks especially for export markets and greater sales growth from distribution of 3rd party’s products. Note: 1/ Energy Drinks and Sport Drinks 2/ Drinking

% from higher retained earnings. Cash Flow In 1H18, AIS generated Bt31,193mn of operating cash flow (after- tax) . Cash CAPEX to expand 4G and fixed broadband capacities was Bt11,265mn, or 16% of service

 Profits increased 40% to THB 539m in Q2 2017 from THB 384m in Q2 2016. Net Profit increased 62% to THB 676m in Q217 from THB 417m in Q216, due to higher operating profits and exchange gain in Q217. Quarter

we can commissioning and complete the job project within 2nd quarter 2019. But the growth of sales in the automotive industry has slowed down. The company group have another plan to expand the new

year 2018 increased 14.15 percent from 1st quarter on year 2017. Revenue from sales increased 12.28 percent due to higher sale volume and higher sale volume in CNF incoterm, however most of revenue is

% driven by higher sales of the energy drinks especially for export markets and greater sales growth from distribution of 3rd party’s products. Note: 1/ Energy Drinks, Sport Drinks, and Functional Drinks 2

that bolstered purchasing power. Government expenditure also plays important role in sustaining the economy with fixed expenses continuing to expand in comparison to the same period last year, especially

(3x2 matrix) ‒ No, Low, High ESG scores ‒ Low & High intangible capital ratio (For Refinitiv ESG Score) Hypothesis 3: Companies with High ESG score & high intangible capital ratio will provide greater

driven by improving domestic economic conditions, bouyant exports and the tourism sector. The market expects private consumption to have expanded, with higher spending on durable goods – particularly

ultimately enhance the Company’s competitiveness and to expand the development of the project together with increasing of market share for the company in order to achieve its business goals and this will