equivalents used for operating activities Return on Equity (%) 0.97 1.89 (0.92) Decline from under performance Debt-to-Equity Ratio (x) 0.18 0.20 (0.02) Lower total liabilities as a result of suppliers payment

shareholders’ equity 9,321 8,786 535 6% • Increase in total assets of 3% are results of increasing in value of investment in parent company of 7%. • Declining in account receivable and lower stock policy -- to

interest and tax decreased by Baht 93.98 million whereas corporate tax decreased by 25.89 million from the lower operating profit together with tax exemption of a subsidiary as granted by the Board of

decreasing 20%. Sales revenues from the IC divisions were 7% lower in Q119 with Ayutthaya sales decreasing 6% and Jiaxing IC sales decreasing by 9%. The Microdisplay division sales decreased 26% in Q119

 IC divisions were 1% lower in Q219 with Ayutthaya sales decreasing 2% and Jiaxing IC sales increasing by 8%. The Microdisplay division sales increased 14% in Q219 compared to Q119.    Sales Revenue

impact from TFRS 15 accounting standard, resulting in lower recognition of share of profit by THB 92.3 mm. However, this is merely accounting impact, not related to cashflow from operation. • Financial

operations include (i) natural gas price and coal price that continued to drop further from previous quarter resulting in lower costs of sales and increasing industrial customers sales margin in spite of the

was lower due to order postponement in our key countries as a result of COVID-19 lockdown. Food business The food sales for Q3/2019-2020 was Baht 630 million, decreased significantly by Baht 1,210

paid in Apr-19, partly offset by lower interest- bearing debt which stood at Bt103,200mn. As a result, net debt to EBITDA came down from 1. 3x to 1. 1x. Total equity was Bt56,769mn decreasing 1.6% QoQ

Q4 which created a decline in mobile service revenue in this quarter. Following the EBITDA movement, AIS reported a net profit of Bt6,757mn, improved 7.1% YoY from better operating performance, lower