continued to have presence as strong brands in the market. Implemented company-wide cost optimization With low growth market, AIS has been focusing on optimizing and digitizing the core operation including

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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

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1 Forth Smart Service Public Company Limited (FSMART) FY18 Management Discussion and Analysis Operational Summary in FY18 2018 Operational Summary  Total revenue from core business was Bt3,339mn

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of sales, which is the Company's core expense, increased by Baht 50.60 million from Baht 566.76 million in Quarter 2/2016 to Baht 617.36 million in this year or an increase of 8.93% due to fluctuations

water, wastewater treatment and hydrogen and supplies its utilities to the Artlant PTA plant. PTA is a core strategic business of IVL and we are confident that over time the Portugal PTA plant will

Printing Public Company Limited (“TBSP”) since April 4, 2018. Excluding TBSP, Company’s core revenues increased by 2% y-y in 2Q18, mainly caused by higher boost Hybrid and Digital Print & Mail business. For

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