efficiency programs. Cash CAPEX is expected to slow down YoY to a range of Bt35-38bn and will be spent mainly on 4G network and fixed broadband expansion in last miles. We maintain the dividend policy to pay
investment of Baht 270.36 million, whereas the Company had cash outflow from investing in fixed assets to support business expansion and construction of the new outlet, namely Hat Yai Branch and others totally
with the decreasing in sales. 2. Cash flow used in investing activities The Company had cash outflow from investing in fixed assets to support business expansion and construction of the new outlet
purchasing in fixed assets and new branch expansion (Rayong). 3. Cash flow from (used in) financing activities The Company had a cash inflow from financing activities of Baht 8.11 million as a result of
4G and fixed broadband network expansion. • Network OPEX was Bt6,879mn, increasing 38% YoY and 26% QoQ mainly due to the change in accounting treatment on the partnership with TOT since 1Q18. Excluding
expenses would increase 8.7% YoY and 4.5% QoQ mainly from higher staff cost and expansion in fixed broadband. Net FX gain was Bt252mn compared to a gain of Bt106mn in 2Q18 and Bt84mn in 1Q19. The FX gain was
expenses were Bt3,321mn, increasing 12% YoY mainly due to expansion in fixed broadband business. QoQ, the expenses rose 5.4% due to higher handset provision. Depreciation and amortization was Bt120mn
revenue recovered QoQ due to strong subscriber acquisition as well as demand driven by government stimulus package. Fixed broadband and Enterprise business continued its growth momentum driven by the
a decrease of Baht 328 million or 5.8 percent in interest expenses from deposits from a decrease in cost and volume of fixed deposits and an expansion of low-cost deposits in savings and current
) and the total flights increased by 5.5%(y-o-y) to 303,520 flights. While the number of passengers in both airports, BKK and DMK are growing steadily according to the expansion of the Thai tourism