KASIKORN ASSET MANAGEMENT COMPANY LIMITED| | Offering Date : 27/11/2018 - 12/12/2018

KASIKORN ASSET MANAGEMENT COMPANY LIMITED|Cross Investing Fund, | Offering Date : 18/08/2020 - 25/08/2020

32.8% from energy favorable prices. Costs were controlled and the total expenses in quarter 3 reported at Baht 333.6 million, a decrease of 25.9% over the same period last year. As a result, the Company

to favorable energy prices. Total expenses were Baht 404.4 million, decreased by 5.2% through budget controlled measurement. However, due to the increment of temporary shutdown expenses and loss from

to mid-single digit, while maintaining EBITDA outlook with low-single digit decline and CAPEX of around Bt35bn. Market and Competitive Environment In 3Q20, mobile competition remained stable as all

increased by 4.13% YoY. The increase was mainly due to the expenses of new outlets (i.e. Rayong and Diana Hat Yai branches) such as depreciation, and utilities. The Company efficiently controlled and managed

to lower household income, sharp decline in employment, particularly in export-related manufacturing sectors, and high rate of household debt. Despite the government economic stimulus, the impact of

% margin, largely from controlled handset subsidy, improve revenue momentum, and cost efficiency. Service revenue (excluding IC) increased 4.9% YoY supported by both mobile and fixed broadband segments

line with the decline in average Natural Gas price. On the other hands, sales of Biomass Power Plants increased by Baht 18.4 million or 2.8% as a result from fewer days of planned-shutdown then the

pandemic of COVID-19, which has a severe impact on tourism, production, exports and private consumption. Private investments tend to decline in 2020, according to both domestic and international demand. For