driven by higher sales and improved efficiency and lower losses sharing from SGAH. This improvement, however, was partly offset by lower share of profit from Hyundai and the Company stopping the interest
improved product mix with an increased sales proportion of higher profit margin products. The adoption of TFRS 16 caused a lower net profit by Baht 6.3 million, mainly due to higher depreciation and
reduction is mainly due to improved productivity. We are on track to improve our gross and net profits by ensuring that any increase in our costs is lower than our growth in sales. Gross Profit As a result of
slightly decreased from 6.6% in Q2 2016 to 6.3% in Q2 2017, as improved margins in the automotive parts segment, driven by improved efficiency, was impacted by lower margins in the car dealerships. Selling
addition, the price of copper continued to decline (Table 2), and therefore the cost of production was lower and profit improved, despite a significant impact from the continued strengthening of the Thai
improved from Bt41,245mn in 9M16 due to improved revenue and lower handset subsidies. Accumulated CAPEX was Bt33,822mn, representing 35% of service revenue (excluding IC), compared to the full year guidance
tourist-related industries and growth remained sporadically in the affluent segment with higher purchasing power. Overall, AIS reported core service revenue of Bt33,130mn, improved 1.0% YoY but slightly
% YoY, compared to revised FY18 guidance of 5-7%, from growth in both mobile, fixed broadband, and consolidation of CSL. Overall, the handset subsidies in mobile have softened YoY, resulting in lower