, the worsened macroeconomic conditions with higher inflation and energy cost affected the cost of living and pushed the 4Q22 blended ARPU downward -4.6%YoY. This was also an impact of prolonged intense

1 No. ACC 2019/004 13 August 2019 Subject : Management Discussion and Analysis for the three-month and six-month period ended 30 June 2019 To : President The Stock Exchange of Thailand Index Living

that Thailand's 2020 GDP will fall by -6.7%, which is close to the Tom Yam Kung crisis. There are measures to stop living at home to stop the infection to stop the transmission of the corona virus 2019

-old and older would account for approximately 20 percent of the total population. Pension or traditional welfare alone is unlikely to sufficiently maintain the retirees? living standard. In light of the

 Q2 2017 was THB 807m which was 18% higher than Q2 2016 was THB 676m.  Capital Expenditure Capital Expenditure was THB 430m in Q2 2017, and THB 155m in Q2 2016. Generally, capital expenditure for

 901m which was 8% higher than Q3 2016 was THB 834m.  Capital Expenditure Capital Expenditure was THB 302m in Q3 2017, and THB 242m in Q3 2016. Generally, capital expenditure for production equipment will

was THB 453m which was 25% lower than Q1 2018 was THB 607m . Capital Expenditure Net Capital Expenditure was THB 180m in Q1 2019, and THB 266m in Q1 2018. Generally, capital expenditure for production

 high at approximately 4 times current liabilities. Operating Cashflow (Recurring EBITDA) in Q2 2019 was THB 696m which was 9% lower than Q2 2018 was THB 765m.  Capital Expenditure Net Capital Expenditure

.  Capital Expenditure Capital Expenditure was THB 266m in Q1 2018, and THB 188m in Q1 2017. Generally, capital expenditure for production equipment will follow the increase in sales, particularly in the IC

 Expenditure Capital Expenditure was THB 503m in Q2 2018, and THB 430m in Q2 2017. Generally, capital expenditure for production equipment will follow the increase in sales, particularly in the IC division