the Company has executed the Share Purchase Agreement with the existing shareholders of Akkrawat Crop Rotation Energy Company Limited (“Akkrawat”) in the amount of 25,000 shares, representing 50 percent

balance 3 Investment in joint venture 45 Cash decrease 1,776 Cash returned paid to NCI from share capital reduction 33 Total 66,084 Total 66,084 6 3Q17 MD&A Advanced Info Service Plc. 2017 MANAGEMENT

mobile ARPU improvement as well as an increasing number of fixed broadband customers. Sales revenue was Bt7,488mn, a decrease 9.9% YoY from softened competition but rose 49% QoQ due to seasonality. Sales

% Finance cost 18.41 36.80 18.39 99.89% Income tax expenses 22.21 28.27 6.06 27.29% Net profit 80.50 95.26 14.76 18.34% Net profit ratio (ROS) 18.98% 20.67% Earnings per share (Baht) 0.13 0.16 0.03 23.08

decrease in interest bearing debt but increasing 2%QoQ from higher deferred spectrum interest after acquisition of 700MHz and 26GHz license Profit In 1Q21, EBITDA was Bt22,580mn decreasing -0.9%YoY due to

plant in Krabi which started its commercial operation in late December 2020 which the Group had full-year revenue recognition for the first time in the year 2021. Gross profit margin decrease 2.4% YoY

million, decreasing Baht 2,221 million or 25.23 percent, over-quarter. The decrease could be attributed to non-interest income which fell Baht 8,785 million, or 54.37 percent, due mainly to the volatility

Equity Method and separately presented under share of profit from investment in a joint venture. Hotel business recorded a revenue growth of 19% YoY in 3Q17 and 10% YoY in 9M17. During 2016, Phi Phi

) in UK was recognized under Equity Method and separately presented under share of gain (loss) from investment in joint venture. Hotel business recorded a revenue growth of 14% YoY in 4Q17 and 11% YoY in

data to consumers, the market volume of energy drink industry in Thailand showed a sluggish growth at 0.7% while Carabao Dang energy drink remained the 2nd largest brand, commanding 21.4% volume share