2019 2018 YOY % Operating profit 457.27 403.89 53.38 13.22% Depreciation 124.10 100.14 23.96 23.92% Amortization 78.25 73.92 4.32 5.85% EBITDA 659.62 577.96 81.66 14.13% 2. ECONOMIC SITUATION Thai

system (VOD) Costs of program rights business mainly consist of amortization, dubbing and translation costs. For the three-month period ended 31 March 2019 and 2018, costs of program rights business

second quarter of 2018. Costs of program rights business mainly consist of amortization, dubbing and translation costs. For the six-month period ended 30 June 2019 and 2018, costs of program rights

employee expenses to support more workloads and more units as well as rising depreciation and amortization expenses Table 9 : Administrative Expenses by Type of Expenses for the Three Months Period Ended 30

to support more workloads and more units as well as rising depreciation and amortization expenses. Table 9: Administrative Expenses by Type of Expenses for the Three Months Period Ended 30 September

1,217.90 (149.08) (10.91%) Depreciation 98.71 102.89 4.18 4.24% 289.72 304.90 15.18 5.24% Amortization 71.75 76.13 4.39 6.12% 209.42 224.04 14.62 6.98% EBITDA 582.60 600.08 17.47 3.00% 1,866.12 1,746.84

existing customers and new customers. Furthermore, the Company had started to export the program rights in this year. Costs of program rights business mainly consist of amortization, dubbing and translation

the Company has increased distribution channels to export content since the second quarter of 2018. Costs of program rights business mainly consist of amortization, dubbing and translation costs. For

/2018 Q3/2019 Change 9-month 2018 9-month 2019 Change Unit: THB mm Total Total +/(-) Total Total +/(-) Human Resources Expenses 20.68 20.41 -1% 57.87 61.85 7% Depreciation and Amortization 3.2 3.31 3

returned their digital TV licenses. Costs of program rights business mainly consist of amortization, dubbing and translation costs. For the year ended 31 December 2019 and 2018, costs of program rights