turn back increasing continuously until the second quarter of 2017. Thus it will become more challenging for the global steel industry participants in all the regions. Careful estimation for raw material

decrease 11 Million Baht. Gross Profit for DDUS was 260 Million Baht representing 7% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product

or 45% of revenue which slightly decrease 11 Million Baht. Gross Profit for DDUS was 260 Million Baht representing 7% decrease in gross profit versus prior year due to a challenging US retail

fully amortized 3G network assets offsetting the new 5G investments to maintain a leadership position. AIS continuously executed cost optimization especially in the administrative expenses to lessen the

%) Other current assets 109 175 (38%) Total current assets 1,477 1,864 (21%) Property, plant and equipment 1,983 2,132 (7%) Goodwill 48 52 (7%) Investments in joint venture 72 56 28.5% Other non-current

322.5 Million Baht representing a 3.5% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of $700K

1 2017 MD&A Advanced Info Service Plc. Executive Summary In 2017, mobile business improved from stronger 4G positioning amidst competitive environment. Competitive landscape remained challenging in

% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal

strategy that is based on three major pillars: topline growth, operational excellence, organization development. The “fixing the basics” program is nearly complete, resulting in upgrades of technical assets

assets while new depreciation from 5G asset gradually increase after continuing expanding 5G network capacity. Overall SG&A showed a decline of -6.7% YoY with marketing expense dropping -20% YoY reflected