optimized and strategically invest for future growth To ensure healthy cash flow and preserve profitability, AIS places focus on cost optimization for operation and SG&A. We expect EBITDA to decline at low

dimensions – economy, society and environment – under good corporate governance, appropriate risk management and effective cost management. Guided by the Customer Centricity strategy and our resolution of

low agricultural prices. The tourism sector has also been slowing down, partly due to the effects of the rainy season and flooding in the northeastern region. However, the government has implemented

sales compared to the same period of 2018 which has cost of sales 767.27 million baht or 88.70% of sales due to proper product management and effective resulting in reduced cost of sales. - Selling and

considering the balance of three dimensions – economy, society and environment – under good corporate governance, appropriate risk management and effective cost management. Along with this, we have prioritized

proper product management and effective resulting in reduced cost of sales. Yours Sincerely, Mr. Perapol Suwannapasri Managing Director

Revenues 22.71 7.90 14.81 187.42% Total Revenue 257.35 353.79 (96.44) -27.26% Cost of goods sold and cost of services 217.76 434.06 (216.31) -49.83% 39.59 (80.28) 119.87 -149.32% Selling and Administrative

. Furthermore, the country’s economic grew considerably low in 2019. Therefore, majority of the Company income from real estate business in 2019 came from the condominium ready to move in. Cost of sales and Gross

continued to expand, it has still been affected by high levels of household debt as well as persistent low prices for agricultural products. The performance of the company in this quarter is still in line

million or 80.73% in the 1st quarter of 2015 from 2014. The refining service’s volumes also share the Company’s overhead costs, which help to maintain production cost as low as possible. 3. Cost of Sale