company had revenue, from gain on sales of land and buildings await development, of 167.8 million baht, increased 167.8 million baht or 100.0 percent compared with Q3/2017. (4) Interest income For Q3/2018

6.5%, declining from 8.1% of the previous year. However, the Company gave priority to maintain interest-bearing debt to equity ratio in an optimal level. At the end of the third quarter, interest

including interest charge in total Bt680mn. Of the amount, AIS has already provisioned Bt559mn in the financial statements during Oct-15 to Jun-16. Hence, AIS incurred a one-time expense of Bt121mn under

reversal of such transaction of Baht 4.0 million in 2019. And there was an increase in total staff expenses of Baht 8.4 million in 2019. The interest expenses in 2019 was Baht 11.7 million, or 2.14

Baht 1,810 million last year mainly due to waiver of interest of Baht 5,506 from creditors consequent to conversion of the Debt to Equity, Gain from capital reduction in Subsidiary Baht 1,130 million and

Baht 0.5 million in Q1/2019. The interest expenses in Q1/2020 was Baht 1.8 million, or 38.03% decreased from Baht 3.0 million of Q1/2019. This was due to the decrease in short term loan requirement

ส่วนของผูถื้อหุน้(Debt to Equity Ratio)เท่ากบั ต่อ1.77 เท่ามีอตัราส่วนหน้ีสินท่ีมีภาระดอกเบ้ียต่อส่วนของผูถื้อหุน้(Interest Bearing Debt to Equity Ratio)เท่ากบั 1.42 ต่อ 1 เท่า และมีอตัราส่วนหน้ีสินท่ีมี

reversal of such transaction of Baht 0.7 million in Q2/2020. The interest expenses in Q2/2020 was Baht 1.9 million, or 44.19% decreased from Baht 3.3 million of Q2/2019. This was due to the downward trend of

Assets As of June 30, 2020 THB 12,496 million Shareholders’ Equities Interest Bearing Debt P a g e | 17 - Management Discussion and Analysis 2Q2020 - 2.3 PP&E decreased by THB 124 million due to a

consists of advance payment for purchase of land Baht 100 million and leasehold improvement, equipment and computer software Baht 181 million Finance Costs In 2019, The Company had total interest paid of