, declining -7.0% YoY and -5.8% QoQ. 1Q22 MD&A Advanced Info Service Plc. Financial position Total asset as of ending quarter was flat at Bt355,783mn, compared to ending 2021. Current assets were Bt41,017mn

, outbound tourists, and economic activity. However, the rising inflation was an emerging factor pressuring purchasing power for price-sensitive consumers to look for cheaper packages. • Competition in the

567.48 (110.87) (19.54%) Other current assets 3.49 4.00 (0.51) (12.75%) Total current assets 1,172.16 1,522.44 (350.28) (23.01%) Restricted bank deposits 56.40 56.40 - - Property, plant and equipment

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

67.58 23.57% Short-term investments 2.83 52.87 (50.04) (94.65%) Trade and other receivables 217.43 611.39 (393.96) (64.44%) Inventories 294.56 567.48 (272.92) (48.09%) Other current assets 6.63 4.00 2.63

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

gradual rebound of consumer purchasing power alongside the effort to restructure the pricing plans and the recovery of tourist- related usages in tourist sims and international roaming calls. This growth

seasonality of the quarter with no flagship devices releases coupled with a slow recovery of consumer purchasing power. Handset margins recorded at 1.2%, primarily due to a higher proportion of low-margin

was enabled by improved purchasing power across various customer segments, benefiting from government stimulus subsidies. The 5G user base continued to expand, reaching almost 9.9 million subscribers