months ended 30 September 2019 Ratio 2018 Ratio Increase / (Decrease) Amount Ratio Service income 590.71 100% 486.67 100% 104.05 21.38 Cost of service 492.01 83.29% 385.15 79.14% 106.86 27.75 Gross Profit
corresponds to the decrease in services income. Administrative expenses In 2023, administrative expenses were THB 36.96 million, increased by THB 2.60 million or +7.58% YoY. This was mainly due to the increase
the result in 2Q18. This decrease was a result of the extraordinary items and also the new investments. Without these items, the Company reported an increase operating result of THB 78 million from the
than the peak in Q1 2018 therefore easing somewhat the 2019 cost pressure. The optimization in plant layouts, internal logistics and peak electricity consumption has resulted in cost savings that have
service revenue decline while the cost of service continued to rise from inflation which affects electricity cost. Following the declined EBITDA, AIS reported net profit of Bt6,032 mn, -5.4% YoY and -4.3
increase in electricity generating to the EGAT’s system of hydro-power project due to the more amount of water. Please be informed accordingly. Yours faithfully, (Mr.Pijayaphong Na Bangxang) President
has also signed a definitive asset purchase agreement to acquire the adjacent utility assets of Artelia Ambiente, S.A. Portugal which has a capacity of 40 MW of electricity plus steam, demineralized