diverging monetary policies, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Given the changing customer behavior amid new technologies, regulatory changes and

1Q22 MD&A Advanced Info Service Plc. Executive Summary Prolonged economic impact from Omicron outbreak and rising inflation in 1Q22 In 1Q22, Thailand’s economic recovery was challenged as private

(CEPA) has a resolution for adjusting the proportion of biodiesel mandatory from B7 to B5 to mitigate the impact of rising diesel prices, as the aforementioned measures, the demand for biodiesel and the

revenue from a lower charge rate. • Network OPEX & NT partnership cost was at Bt5,594mn, increasing 16% YoY due to higher electricity price and roaming costs with NT. It increased 5.9% QoQ from rising

. Consequently, the total mobile subscribers declined by 867k or -1.9% QoQ but with an improved ARPU to 216 baht, rising 1.2% QoQ. The quality focus riding on the benefit of 5G adoption brought 5G subscribers to

facilitated by government subsidizations. This was further supported by a continuous increase in foreign arrivals despite some structural headwinds and rising geopolitical conflicts. In summary, AIS reported

by rising credit costs. These tighter lending conditions significantly affected domestic car sales, particularly in the pick-up truck segment, which traditionally relies heavily on availability of

influenced by tighter lending conditions in response to rising non-performing consumer loans including auto loans. Stricter lending practices have reduced the availability of retail financing, particularly

from the change in defined benefit plan according to KBank’s employment policy which is not related to labor law, together with rising marketing expenses, our cost-to-income ratio stood at 45.02 percent

increased by Baht 2,139 million or 15.68 percent due largely to rising revenue from the sale of securities. Moreover, other operating expenses were close to the level seen in the previous quarter, resulting