rates during 1Q20. Interest expense totaled Baht 1,301 million, a decline of 6.1% yoy, with cost of funds declining to 2.0% for 1Q20 comparing to 2.3% for 1Q19 from effective cost management in line with

in Taiwan January 1) Appointed Mr. Vichet Kasemthongsri to be an Independent Director / Audit Committee Member to fulfill the vacated position, effective on 16 January 2020 2) Received EIA approved for

advancing digital age. For operating income in 2017, most commercial banks could maintain net interest margin (NIM) due to overall effective cost management despite the deteriorating quality of loans granted

446 432 -5.7% -3.1% *Note: there has been a change in the definition of MOU’s calculation since 2021 2Q22 MD&A Advanced Info Service Plc. 3 2Q22 Financial Summary Revenue In 2Q22, AIS generated total

excise tax and sugar tax following the Excise Act, B.E. 2560 which was effective since 16 September 2017; cost from trial runs and start-up of a new production line, driving higher yield loss; and cost

capital. The key success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue

to revenues and salary & benefits of staff decreased due to cost saving policy by proper human resource management. Cost saving plan will be more effective starting 2Q/2020 One-time expenses For the

which the Company had invested since January 2017. Cost of Sales and Gross Profit Unit : THB mm Unless otherwise stated For the year ended 31 December 2017 2016 Total sales 723.96 606.38 Cost of sales

optimize the cost to serve customers while ensuring an effective spending on marketing campaigns. As a result, we expect EBITDA margin (excluding equipment rental) to stay in a range of 45-47%. All

million or 23.3%. The amount of which contributed from both domestic and export at the ratio of 46:54 respectively change from the proportion of 62:38 of the corresponding period last year on the back of