project income of Baht 152 million in percentage of completion basis. 2. The consolidated gross profit margin was 14.58%, increased from the same period of last year at 11.83% as the company implemented

ENDED 31 DECEMBER 2019 3. Financial highlights (based on Thai FRS) Q4 2019 Financial Statement Summary as of 31 December 2019 compared to Q4 2018: Note: Gross profit = Sales and service income – Cost of

% Gain from exchange rate Other income 3.03 2.10 0.94 45% Total revenues 295.72 233.17 62.55 27% Cost of sales and services 208.23 159.63 48.60 30% Gross profit 84.46 71.44 13.01 18% Gross profit margin 29

follows. The net profit of the Corporate Group for Year 2017 was Baht 411.61 million. In comparison with the previous year with the net profit of Baht 392.03 million, the net profit increased by Baht 19.58

) 0.24 0.23 0.01 4% Note: Gross profit = Sales and service income – Cost of sales and services (does not include other income) 3.1. Analysis of Q4 2017 and 2016 results The key drivers of Q4 2017

. The net profit of the Corporate Group for the 3-month period and 6-month period ending June 30, 2017 were Baht 116.50 million and Baht 252.06 million, respectively. In comparison with the same periods

5G investment. Net profit was Bt6,374mn, decreasing - 2.1% YoY mostly due to unrealized foreign exchange loss and increase in D&A and -9.5% QoQ from one- time income in 2Q21. Excluding foreign exchange

and clients. 3Q24 MD&A Advanced Info Service Plc. 5 Income statement (Bt mn) 3Q23 2Q24 3Q24 %YoY %QoQ 9M23 9M24 %YoY Mobile revenue 29,311 30,775 30,962 5.6% 0.6% 88,064 92,077 4.6% Fixed broadband

Table 6 IVL Consolidated Statement of Income ($ Million) 13 Table 7 Calculation of Core EBITDA ($ Million) 14 Table 8 Calculation of Core net profit ($ Million) 14 Table 9 IVL Consolidated Statement of

Agreements1) 46.00 61.59 (15.59) (25.31%) 203.13 232.57 (29.45) (12.66%) Gross profit 456.48 471.16 (14.68) (3.11%) 1,973.64 1,996.37 (22.72) (1.14%) Other income 14.68 9.45 5.24 55.40% 49.19 34.34 14.86 43.27