quarter of 2018, the Thai economy expanded well, driven by both growth in the foreign sector and gradual improvements in domestic demand. Merchandise exports improved both in terms of export quantity thanks
still be necessary to support a more robust growth in domestic demand, which would foster the return of inflation to the target range. The 2018 economic growth is expected to be within a range of 4.0-4.5
- denominated debt. Economic Outlook for 2020 In 2020, Thailand’s economic growth will likely slow to the range of 1.9 - 2.3 percent on account of several challenges. External factors include a sharp drop in
transaction price of THB 924.90 million is within the appropriate price range as evaluated using the Adjusted Book Value Approach, which is equivalent to THB 912.57 – 937.23 million (Details of the IFA’s
year while demand for mobile data nearly doubled YoY to 6.7GB/data sub/month from video streaming and increased 4G handset penetration (46%). To compete for quality subscribers who bring growth in data
sales were at THB 6,328 million, where the growth was accelerated to +7.2% YoY. In domestic markets, beverages and personal care continued their growth momentum at 9.4% and 5.8% respectively, while
personal care revenues recorded at THB 678 million, an increase of 0.5% YoY). The growth driver were the continued success of Babi Mild from the momentum of Babi Mild Sweet Almond range launched in Q2’19 and
added 53,300 subscribers amidst competitive market, delivering revenue growth of 26% YoY and 2.1% QoQ. The focus of AIS Fibre remained on quality customer acquisition and service as we continue to scale
, offset by the cost to support network growth in all businesses . As a result, we expect EBITDA margin (EBITDA over total revenue) to be stable from last year (43.4% in 2018). With the full range of