Bt6,513mn, decreased by Bt251mn compared to pre- TFRS 16 adoption. 4 3Q20 MD&A Advanced Info Service Plc. Financial position (Post TFRS 9&16) For the period ending Sep-20, total asset was Bt353,797mn

June 2019 G Steel Public Company Limited Page 2/12 service provider in late year 2018 however the Company invests in fixed asset in Q3/2019 to increase raw material handling’s efficiency. In addition

MD&A Advanced Info Service Plc. Financial position (Post TFRS 9&16) As of ending Jun- 20, total asset stood at Bt368,074mn, increasing + 27% from ending Dec- 19 mainly from new spectrum acquisition in

remained flat QoQ. Financial position As at end of Jun-21, total asset was Bt369,646mn increasing 5.6% from end of Dec-20 mainly driven by acquisition of 700MHz and 26GHz licenses in 1H21. Total liabilities

effect and the one-time item (after tax), Normalized net profit increased 0.9%YoY but decreased -0.7% QoQ. Financial position For the period ending Sep-21, total asset was Bt356,521mn increasing 1.8

101.48 million or 65.46%, which was in line with the sharp rising in revenues from sales in this period. Gross profit margin in year 2018 was 61.51%, going up by 59.98% year-on-year. The growth in year

88.71%. Major reason for sharp decrease in Company net income is due mainly to decrease in revenue from real estate business. In addition, the Company has heavily spent more in marketing and advertising

and services increased by 10.87% from last year due to the sharp increment of raw material prices during Quarter 2 to Quarter 3 especially in natural rubber, synthetic rubber and chemicals groups. The

- 2. Cost of sales and gross profit The Company’s cost of sales in Q3/2018 amounted to Baht 57.43 million, rising year-on-year by Baht 25.81 million or 81.63%, which was in line with the sharp increase

increasing in popularity among data users to optimize spending and impeded operators to monetize sharp increase in data usage. Although the industry was able to uplift the price of unlimited packages to