turnover for the six months ended June 30, 2017.  As a result of the foregoing, net interest-bearing debt to equity ratio improved from 4.1 times as of December 31, 2016 to 3.7 times as of June 30, 2017

significantly and result in the decrease in gross profit margin of revenue from domestic sales i.e. gross profit of domestic sales was amounted to THB 505 million decreased by THB 90 million or 15.1

increased from the prior year or 2.1 percent. The sales of Consumer Products comparing with the previous year increased at Baht 102 million or 12.1 percent as a result of promotion and new products such as

a result, 1Q21 net profit margin declined to 14.5% compared to 15.5% in previous quarter. 4 1Q21 MD&A Advanced Info Service Plc. Financial position For the period ending Mar-21, total asset was

staffing policy that requires new employees to have a bachelor degree. As a result, the cost of staff increased. Administrative expenses 12.0 10.3 (13.5%) Because in 2016, the Company recorded allowance for

in Chiang Rai to serve customers in the North, and 2 new stores of Homepro were opened in Malaysia, at Ipoh and Penang, which will benefit from greater economies of scale. As a result, at the end of

marketing expenses (PR, promoting, advertisement, etc.) from the increase of 10 pre-sales project launches compared on the same period from last year. These new projects will result in the future revenue

good. While for the gross profit margin, the Company gain a better result with 20.71% in Q1/2018 to 20.89% in Q1/2019. 2.2. Distribution costs for the first quarter of 2019 was in the amount of 1.82

laws. Shareholders’ Equity Total equity as of June 30, 2019 was Baht 6,577 million, increased by Baht 587 million or 9.8% from September 30, 2018, due to increase in retained earnings as a result of

exchange rate (6.14) - - - (6.14) - Finance costs (17.10) (20.16) - - (17.10) (20.16) SHARE OF LOSS OF INVESTMENT IN JOINT VENTURES ON EQUITY METHOD (1.47) (2.79) - - (1.47) (2.79) INCOME (LOSS) BEFORE TAX