. In the second quarter, business conditions in the food packaging industry continued to grow, due to the increasing demand over the concerns of Coronavirus (Covid-19). As a result, there are more orders
domestic, with the concerns on Covid-19 situation, hotels, restaurants, and B2B customers faced reduced demand from the market, causing decrement in domestic sales by 35.7%. The Company reported gain from
20220808-advanc-mdna-2q2022-en 2Q22 MD&A Advanced Info Service Plc. 1 Executive Summary Fading Covid-19 concerns drove 2Q22 economic recovery and AIS performance 2Q22 showed a continuous recovery in
the current year, the Company arranged for a new economic valuation by engaging another independent appraiser, and found that the fair value had decreased. The Company therefore recorded loss resulting
products. The sales promotion activities were also arranged for the consumers to try new products. The local sales team in China was also increased to expand the distribution channels of products both online
arranged by the derivatives fund manager must possess knowledge, ability and business understanding and is subject to the approval of the Office in accordance with rules as prescribed in the notification of
Company Limited (SAFE) as the joint venture of the Company arranged the measurement of fair values of identifiable assets and liabilities at the acquisition date of three subsidiaries of such joint venture
operating performance of the HomePro business in Malaysia is still not in line with the plan, with concerns over consumer confidence. However, the subsidiaries have continuously improved operational