effective mall management and operating cost control despite major renovations at CentralWorld and CentralPlaza Rama 3 The Thai economy in 3Q17 continued to expand courtesy of solid growth in export of goods

improve both capex and opex efficiency. As we aim to lead the 5G market, we will ensure an effective capital allocation to capture growth opportunity. As a result, we expect EBITDA expansion at a low-single

logistics. EBITDA expands in low-single-digit growth AIS will continue to digitally transform by bringing new technologies to deliver a distinctive customer experience and optimize the cost to serve. We have

when compared to 7.9% in 3Q17 and 7.2% in 2Q18, due to effective cost control as well as lower service & administrative expenses which corresponds to the strategic of emphasizing the efficiency in ARPU

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

to generate revenue stream amidst softened tourism sentiment. However, both hotels showed effective cost control in both room and food and beverage management. Cost of sales In 3Q19, CPN reported costs

rate of gross profit margin resulting from the higher sales mix of low gross margin products in HomePro business. 3. Cost of rental and service was Baht 119.30 million, a decrease of Baht 46.08 million

profits by 12.5% as a result of higher efficiency gains from effective cost controls, despite a decrease in total revenue by 3.4% primarily due to the decline in revenue from sales, consistent with the

(Bt2.1bn in 2017 vs Bt1.3bn in 2016) as well as higher interest-bearing debt. Average cost of debt remained low at 3.1% per year compared to 3.3% in 2016. Profit In 2017, EBITDA was Bt70,498mn increasing 16

hotels showed effective cost control in both room and food and beverage management. Cost of sales In 2Q19, CPN reported costs of sales at THB 284 mn, a decrease of 63.3% YoY (for the first six months of