during the 1st Quarter 2019. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from

estimates by research tends to vary to some degree. The company has therefore decided not to carry out such analysis going forward. Nonetheless, reflecting on its market share, VGI estimated that in 2017 its

during the 1st Quarter 2020. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from

associate. This resulted in a decrease in basic earnings per share from Bt1.72 for 2018 to Bt0.80 for 2019. Total Asset Total assets as of December 31, 2019, amounted to Bt16,501 million, consisting of

terminated the contract with the distributor which is effective on 3 0 June 2 0 1 9 . During the period, the Company was unable to make any sales through traditional trade channel or assign a new distributor

the contract awarded with relatively high gross margin giving a positive result in overall picture. Cost of Sales for Supply and Maintenance The Company reports its cost of sales for supply and

after 1 January 2019. The Group chooses retrospectively adjusts in the period of initial application. The adjustments are described below; 1)  Commission paid to obtain a contract - the Group has

retrospectively adjusts in the period of initial application. The adjustments are described below; 1)  Commission paid to obtain a contract - the Group has determined that commission paid to obtain a customer

offering had been deployed to attract new customers and prevent churn with 24-month contract, resulted in declining ARPU trend. 2 1Q21 MD&A Advanced Info Service Plc. 1Q21 Operational summary In 1Q21, mobile

the 1st Quarter 2018. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from several