addition, trigger fund fees are higher than those of general funds and the total expense ratio (TER) is in the range of 1.12 ? 4.5 percent or a 2.8 percent average compared to 1.8 percent in general equity

, SET HD TRI = 10 Total expense ratio (%) Through the analysis on each fund style, the closet index fund is the worst performer in long term, as well as being the most expensive fees. Closet Index Factor

revenue which was decreased from 3.95% of sales revenue over the same period last year. The SG&A is within reasonable range which was mainly in related to the consolidated expense of supporting the Company

955.30% Gross Profit 418.34 38.05% 633.38 40.90% (215.04) (33.95%) Other Revenue 36.08 3.28% 38.79 2.50% (2.71) (6.99%) Selling Expense (175.92) (16.00%) (154.89) (10.00%) 21.03 13.58% Administrative

) 13.82% Administrative expenses (11.29) (7.77) 3.51 -31.13% Share of gain of investments in associate 0.03 0.03 0.00 0.25% Finance costs (0.08) (0.06) 0.02 -22.49% Profit before income tax expense 30.31

segments while leverage synergies from acquisition. With CSL combined, in 2018, service revenue (excluding IC), is expected to grow in a range of 7-8%, 2% of which is from full consolidation of CSL. Through

management continued resulting in controlled network OPEX. SG&A rose in the quarter to support customer acquisition and the one- time expense of Bt134mn on withholding tax. As a result, normalizing the one

, AIS fully expensed handset subsidy as either handset loss or marketing expense. With the effect of TFRS 15, key financial changes, compared to prior to 2019, will be as follows: a) Device subsidy

the one- time expense, normalized EBITDA in 2Q19 was Bt19,753mn, increasing 4% YoY and 4. 5% QoQ, while normalized net profit was Bt8,234mn, increasing 2.9% YoY and 8. 1% QoQ. In conclusion for 1H19

percent compared to the third quarter of the previous year, due to a decrease in the performance of the Company’s wide range of investments. The Company’s gains and return on financial instruments were