increased penetration in the suburban regions. Some operators continued to offer low-price packages which resulted in a reduction in the industry's overall ARPU. Despite this challenge, AIS opted to compete

seasonality of the quarter with no flagship devices releases coupled with a slow recovery of consumer purchasing power. Handset margins recorded at 1.2%, primarily due to a higher proportion of low-margin

customer order and low base in Q2 2022 due to the lockdown in Shanghai during April last year. However, Portugal operations decreased by 8.8% due to shortages of some parts of automaker. 2) Car Dealerships

20231030-ADVANC-MDA-3Q23-EN 3Q23 MD&A Advanced Info Service Plc. 1 Executive Summary 3Q23 illustrated AIS core business growth from quality focus despite low season challenges. 3Q23 Thai economy

-Income Ratio) this quarter decreased to 36.5% from 37.2% in the previous quarter, as the Company can control operating and administrative expenses well through the Digitalization process. The operating and

, due to the deceleration of revenues. However, the Company can maintain its operating and administrative expenses well through the Digitalization process, resulting in the 9M/2023’s Cost-to-Income Ratio

independent directors, PDPA advisor, and legal advisor to support the Company’s IPO process in 2023. For 3Q2023 (July-Sep), selling and administration expenses amounted to THB 247.43 million, decreased by THB

, the Company can maintain its operating and administrative expenses well through the Digitalization process. The operating and administrative expenses accounted for 47% of total expenses. - Expected

its efficiency in operating and administrative expenses well through the Digitalization process in the future. The separate financial statements has cost-to-income ratio at 38.3%, as there are

manage its efficiency in operating and administrative expenses well through the Digitalization process in the future. The separate financial statements has cost-to-income ratio at 37.8%. Expected Credit