%) (960.62) 19.49% NRV 0.00 0.00% 44.00 0.80% (44.00) (100.00%) Cost of Service 0.00 0.00% (17.44) (178.32%) 17.44 100.00% Total Cost (5,890.19) (91.58%) (4,903.01) (88.92%) (987.18) (20.13%) Gross Profit

Administration Expense 63.31 16.4 45.08 17.9 18.22 40.4 Profit before finance costs and income tax 46.25 12.0 30.63 12.2 15.63 51.0 Finance costs (0.03) (0.0) (0.16) (0.1) 0.13 (78.9) Profit before tax 46.22 12.0

2022 % 2021 % Increase (Decrease) % Revenue from sales and services 2,351.40 100.00% 1,455.25 100.00% 896.15 61.58% Cost of sales and services 2,208.18 93.91% 1,319.00 90.64% 889.18 67.41% Gross profit

may lower farm income and 4) on going high level of household debt limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first five months of 2019 still

high level of household debt limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first six months of 2019 still showed an expansion with sales for the

household debt including lower household income especially in the non-farm sector limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first eight months of

debt including lower household income especially in the non-farm sector limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first 9 months of 2019

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

mobile industry has remained competitive as low-priced unlimited prepaid plans continue to dilute ARPU. Overall, pricing environment in prepaid market segment remained challenging to improve ARPU as

improvements from inflation benefiting from a recovery trend in the tourism sector, despite the arrivals remaining slower than expected. Mobile industry was affected by the softened local economic activities