1 2Q20 MD&A Advanced Info Service Plc. Executive Summary 2Q20 reflected the full effect of COVID-19 The effect from COVID-19 pandemic which had begun since Feb- 20 continued to fully develop in 2Q20
companies and securities held for trading in 4Q19. The Company's investment in 2019 was in line with the long-term strategic plans: Balance, Diversify and Expand. In addition to the investment in ECC which
outbreak become controllable. Besides, the Company continues to develop its potential and maintain cost and expense management measures. The Company is ready to adapts to keep up with the situation in order
more importance to products that are environmentally friendly. The Company also has plans to expand to other products in the future. - Others For the 2Q/2023 and 1H/2023 financial results, other incomes
expand to other products in the future. 4 - Others For the 3Q/2023 and 9M/2023 financial results, other incomes were 755 million baht and 2,395 million baht respectively. It comprised of an increase in bad
importance to products that are environmentally friendly. The Company also has plans to expand to other products in the future. - Others For the fiscal year 2023 financial results, other incomes were 3,198
Venture agreement with Hero Venture International LLC. (the “Hero Venture”) from the United States in order to be licensed to develop this project. The value of consideration is determined by agreement
household consumption index continued to expand but the recovery in consumption of low-income households remained subdued, reflecting growth in limited sections. Moreover, growth in tourism industry failed to