broadband and enterprise businesses, and a rebound in the mobile business. The core service revenue declined -0.9% QoQ, mainly attributed to the seasonality of the business in the previous quarter. Maintain

ADVANC-MDA-1Q24-EN 1Q24 MD&A Advanced Info Service Plc. 1 Executive Summary Revenue base expansion from core business growth and acquisition of TTTBB 1Q24, Thai consumer confidence slightly improved

BUSINESS PLAN AND OUTLOOK The overall business outlook for 2H 2019 is slightly restrained; with potential impact from trade war and exchange rates constraining the business but favourably counterbalanced by

restriction measures limiting business activities while government offered some subsidies that partially supported consumer purchasing power. Restrictions were gradually relieved beginning September including

quality and advanced technology also allowed AIS to attract and retain high-quality customers. Non-Mobile enterprise business reported a revenue of Bt1,339mn, growing 2.2% YoY and 0.7% QoQ from industry

and Installation machine business. 2. Eureka Design International Pte,.Ltd. (Singapore) , Investment in overseas business. This disposition is considered as the assets disposition transaction of listed

to increase selling price in Traditional trade and Cash van channel starting from July 2018. The increase in price reflect the increase excise tax and management’s policy to get competitive rate of

& Calpis grew 2.7% YoY. Total Personal care continued its momentum with 11.5% growth YoY, with 42.8% growth in CLM markets. International business grew 1.5% at constant FX rate, driven by Myanmar growth

1 FY18 MD&A Advanced Info Service Plc. Executive Summary Maintained leadership in mobile business In FY18 competition in mobile industry remained elevated particularly on data pricing with fixed

% decrease in automotive parts businesses and 2.0% increase in dealership businesses. The decrease in overall revenue was due to the following reasons: 1) Automotive Parts Business; Thailand car production