lockdown in Thailand was lifted and business activities resumed in this quarter. However, economic recovery remained vulnerable as service sector continued to be impacted by the absence of foreign tourists

sector contracted sharply due to international travel restrictions. Therefore, the Thai economic recovery would take time to return to pre-pandemic levels. The first nine months was a challenging period

total revenue of Bt46,712mn, improving 3.2% YoY due to the improvement in core service revenue and an increase in handset sales, supported by the economic recovery compared to 1Q22, which was still under

funds speculation and global sugar supply forecasted to be surplus in 2018. As a result, the Company recorded average export price increase from 16,557 THB/ton to 14,792 THB/ton or decreased by 11

, mainly are from - Increase in sales from traditional trade of 33% and price adjustment in all channels, reflecting raw material price increase. - Increase in sales from government contract of 190% to 325M

20230208-ADVANC-MDA-4Q22-EN Classification: Internal FY22 MD&A Advanced Info Service Plc. 1 Executive Summary Maintaining growth in core products amid cautious economic recovery 2022 displayed an

accelerated spending in the first half of fiscal year. The situation is expected to benefit the company from economic recovery and private investment. In terms of total operating expenses, it usually varies

MTHB, increased by 885 MTHB comparing to 2016 or 29.1% due to higher sales volumes plus Ethylene and Glycerin price increase. The rise of Ethylene price was caused by turnaround of North East Asia

, respectively. However, customers spending has not yet resumed to usual due to the concern about the continued pandemic in overseas, the low expectation of economic recovery, business cutting down expenses and

gradually increased since June 2022, as a result from an economic recovery from COVID-19 pandemic. As a result, more tourists on both domestically and abroad have travelled in Thailand which results in a