) was Bt32,455mn, +6.0% YoY and +0.9% QoQ, resulting in YTD growth of 5.5%. Increasing 4G penetration (42%) and data usage (5.9GB/data sub/month) improved mobile revenue to stand at Bt31,569mn, +3.9% YoY

the businesses in subsidiaries and associated the Company investing had improved operating results when compared to the same period last year. The business of mobile phone distribution business

1 Executive Summary AIS continued to build on leadership in mobile data through improved 4G quality and brand perception. In 1Q17, CAPEX of Bt11.5bn was spent to strengthen 4G network quality through

improved profitability from 36.1% to 51.1%. The significant improvement of such GPM was as a result of the increase in land sale price.  The gross profit margin from the asset monetization to WHART increase

gross margin in was 47.9% which decreased from 61.1% in 2017. The decrease in genuine gross margin, compared to the same period of last year, was mainly due to change in product mix between Built-to-Suit

% for the warehouse rental and service business which decreased from 57.0% in the same period of previous year, mainly due to change in product mix between Built-to-Suit and Ready- built facilities. 2

gross profit margin improved to 61.4% and 57.0%, respectively, due to higher average selling price and better construction cost management. • Revenue from sale of investment properties increased by 45

the same period of the year earlier and has gross profit margin of 31.89%. because the company has improved the structure within the organization. The company has administrative expenses of THB 3.56

, improved by THB 275.81 million or 11.02% up from 2016. The consolidated gross profit margin contributed of 16.41% in 2017, increased from 14.99% in 2016 predominantly from lower major feed material cost and

margin of (11.49%). because the company has improved the structure within the organization The company has administrative expenses of THB 7.62 million, increase of THB 1.17 million or 18.03% compared to