514 -8.7% -3.6% 4 1Q20 MD&A Advanced Info Service Plc. 1Q20 Financial Summary (Pre -TFRS 16) Revenue Total revenue reported Bt42,845mn, flat YoY and -12% QoQ resulted from global pandemic and continuous

in the same quarter of 2019 was Baht 150.24 million showing a reduction of Baht 121.27 million or 80.72 % decrease. In this current year, there were only 2 ongoing projects and one of them was

Culture: Improved CG culture and environment resulted from work and cooperation of many sectors, for example, the Thai Institute of Directors (IOD)?s ongoing and outstanding director training programs, the

period last year, with achieved Same-Store-Sales (SSS) Growth of 1.9% and achieved Total-Systems-Sales (TSS) of 5.3%. This resulted from the ongoing sustained sales and marketing promotions campaigns

quarter of 2017 showing a decrease of Baht 4.76 million or representing 7.46 % decrease since there have been only 6 ongoing projects whereas a subsidiary had 1 additional ongoing project with its contract

ongoing project and expected to be completed in 2019. As a result, the construction income gained in this captioned year was higher than last year. There is no any new project awarded in 2019. . Service

for Capex and investments in progress that are not generating revenue and earnings as on date given Figure 9: Repayment Schedule of Long Term Debts 14 Table 8: Joint Ventures Performance USD in Mill

Servicing Coverage Ratio (DSCR) times 3.8 2.9 Interest coverage ratio (times) 10.2 6.7 Note (1) Net debt after debt for Capex and investments in progress that are not generating revenue and earnings as on

create long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. • The major renovation at CentralWorld, which has been ongoing in phases since 4Q16, has been completed

Part 1; (2) Filing of the Registration Statement for an Offer for Sale of Depositary Receipts under Part 2; (3) Ongoing Disclosure of Information on Financial Position and Operating Results of the Issuer