to lower bad debt provision while decreasing -11%QoQ due to some seasonal staff-related expenses. Net FX loss was Bt223mn, turned negative, compared to FX gain of B263mn in 4Q20 due to THB depreciation

closed from nationwide restriction. SIM & Device margin was marginally negative at -0.5%, down from +2.7% in 2Q21 due to decline in high margin devices sale. Cost & Expense Cost of service in 3Q21 was

staff-related expenses. Net FX loss was Bt-42mn in 1Q22, turned negative, compared to FX gain of Bt163mn in 4Q21 due to THB depreciation. AIS has the policy to mitigate the currency risk using hedge

distribution expenses in 2023 will be higher than in previous years. Impairment loss on financial assets Impairment loss on financial assets in Q4–2023 had a negative balance because the Company has reversed the

been paid to investors. The company continues to experience a negative cash cycle, indicating that it does not rely on financial institutions, leading to a consistent reduction in financial costs. The

debit / direct credit and an automatic transfer system (ATS). 4.2 Insurances Service is a service to provide life insurance brokerage services and insurance against loss which the customer can choose the

choose the insurance on the needs of customers. 4.3 Mutual Fund Selling Agent Service is a selling agent of the unit trusts for many asset management companies, which offer mutual funds of various types

insurance against loss which the customer can choose the insurance on the needs of customers. LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30

the customer can choose the insurance on the needs of customers. LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2017 Page 7/22 4.3

ท้ังนี้ แนวโน้มอันดับเครดิตแบ่งออกเป็น 4 ระดับ ได้แก่ Positive หมายถึง อันดับเครดิตอาจปรับข้ึน Stable หมายถึง อันดับเครดิตอาจไม่เปลี่ยนแปลง Negative หมายถึง อันดับเครดิตอาจปรับลดลง Developing หมายถึง