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
goods in the number of 2,371.16 million Baht was increased by 68.34 million Baht or 2.97% from Q3 of the previous fiscal year. The sale growth rates compared to the Q3 of the previous fiscal year are from
growth in export sales while domestics market we sustain the leadership position in the RTD Tea market. Moreover, the Company started to earn services revenue from OEM business in this quarter. Food
, accounting of 14.7% of total revenue, showing an increase of 389 million baht or 13.5% y-y. Other revenues consist of bad debt recovery, which was 1,696 million baht, 19.2% growth y-y, gain on sales of written
total revenue. The increase was mainly from the continued growth of bad debt recovery that increased 27% y-y. In 2017, the Company had gain on sale of written off receivables in Q4/2017 of 179 million
of THB 1,117.55 million, increasing THB 113.33 million, or 11.29% from 2017. The increase in revenue is mainly due to the growth in revenue from the Company and subsidiaries in Thailand, which
subsidiaries had a total revenue of THB 269.91 million, increasing THB 31.59 million, or 13.25%, from the same three-month period in 2017. The increase in revenue is mainly due to the growth in revenue from the
gained advantage from the recovery of the automotive industry in Thailand, resulting in high growth in sales for FDM Technology Co., Ltd, a subsidiary with its main customers in the automotive industry
per share was 4.74 baht, mainly contributed by continued growth of bad debt recovery and efficiently control the operation cost. 6 2. Financial Status Statement of Financial Position February 29, 2020