core mobile revenue growth with network and service quality leadership, pricing discipline, and ecosystem economy Mobile revenue recorded Bt29,258mn, with a 1.4% YoY improvement benefited from the

continued to be a key engine of growth through accelerated expansion of network coverage and efforts to acquire new subscribers by delivering excellent service quality and bundling with other services

continued to be a key engine of growth through accelerated expansion of network coverage and efforts to acquire new subscribers by delivering excellent service quality and bundling with other services

continued to be a key engine of growth through accelerated expansion of network coverage and efforts to acquire new subscribers by delivering excellent service quality and bundling with other services

debt was stable at 3.1% per year. Profit In 2Q19, EBITDA was Bt19,117mn increasing 0.6% YoY and 1. 1% QoQ following growth in core service revenue offset by higher network OPEX and SG&A. Excluding the

network. Expect mid-single digit growth in FY19 In summary, AIS delivered Bt133,429mn of core service revenue for FY18, a growth of 3.8% YoY. EBITDA increased 4. 7% YoY to stand at Bt73,792mn or a margin

mobile leadership and expanding other businesses. As process digitization continues, operating expense is expected to be controlled, offset by the cost to support network growth in all businesses. As a

, 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

, 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

Dividend policy • Minimum 70% of net profit Strong mobile data growth continues with improving network perception In 2018 mobile data consumption is expected to continue its robust growth underpinned by