/2018, as of February 28, 2018, which were reviewed by the auditor. 2. Has approved to propose to the shareholders meeting for ratification in the disposition of shares in Thai bonnet Trading Zone Company

will acquire the franchise business of Kitchen Plus restaurant and Baan Krua Thai restaurant (the “Asset Acquisition Agreement”). Following the execution of such Assets Sale and Purchase Agreement, Buyer

of IRPC Clean Power Phase 2 (IRPC-CP Phase 2) in November 2017, in which GPSC holds 51% equity, has expanded the electricity generating capacity allowing the company to increase the volume of

on Foreign Exchange recorded at THB 172 million, due to the Thai Baht appreciating against the US Dollar which led to gain on exchange rate conversion of foreign currency loan. 7. In Q1/2018, there was

Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two languages, the Thai version shall prevail

last year which was 36.1%. The lower in gross profit margin came from the reason that the Company firstly adopted the Thai Financial Reporting Standard No. 15, subject to Revenue from Contracts Made with

previous year as in the 2nd quarter of 2017, the loss was caused by the disposition of the investment fund in Thai Prime Investment Co., Ltd. หนา้ 3 จาก 4 Loss from Exchange Rate In the 2nd quarter of 2018

profit (loss) from investments in JV (5) (1) -400% (12) (8) -47% Tax expenses (income) (19) 14 -231% (23) 41 -155% Profit (loss) attributable to equity holders of the parent (15) 61 -124% (5) 180 -103

. The Committee viewed that the Thai economy would expand at a slower rate in 2020 than previously forecasted and much further below its potential due to the outbreak of coronavirus, the delayed enactment

20230508-ADVANC-MDA-1Q23-EN Classification: Internal 1Q23 MD&A Advanced Info Service Plc. 1 Executive Summary Growing core businesses amid the cautious recovery of the Thai economy 1Q23 illustrated a