the face of these challenges, AIS’s execution focusing on profitable revenue brought in a core service revenue of Bt33,351mn, growing 2.3% YoY. This growth was driven by the continued expansion of fixed

) Gross profit 439.4 427.9 11.5 2.7 Net gain on exchange rate 55.1 112.2 (57.1) (50.9) Gain on forward contracts 11.2 49.5 (38.3) (77.4) Other income 2.0 173.0 (171.0) (98.8) Profit before expenses 507.7

171.6% and the increased rate in revenue is equal to 75.2% due to the very high revenue in Q2– 2021. Thus, it can be covered some of the selling and administrative expenses that were the fixed cost. In

increased revenue but the increased rate of those were less than the increased of revenue, since the increased revenue can cover some fixed cost, which can be compensated with low gross profit in 2019

higher than the change rate in revenue which was 9.6%. This is because the increase in revenue from higher value and larger number of projects in Q2–2024 can cover more fixed costs. -2- Operating Results

details are as follows; Operating Performance 1. Revenues Unit: Million Baht In the overview of Revenue from sale – net for the 1st quarter 2019, the Company could generate growth rate from the revenue of

rate increased when compared to the quarter 2/2019 which was 65.85% of income. The epidemic of Covid-19 caused lower water treatment volume while most of the costs were fixed cost. Consequently, cost of

, our fixed broadband business (FBB), grew strongly achieving the target of 1 million subscribers in FY19 and increased subscriber market share to 10% from 8% in FY18. The solid growth was driven by a

increased rate of 29%, mainly due • The increase in revenue from property development operations 363 THB mm or representing an increased rate of 405% from 42 units transferred of Veranda Residence Hua Hin

subsidiaries (“the Group”) as follow: * Extraordinary items from non-operating, consists of unrealized gain (loss) on exchange rate of receivable under finance lease and gain (loss) on forward contracts