ADVANC MD&A - EN 2Q24 MD&A Advanced Info Service Plc. 1 Executive Summary Maintain core business growth with the consistently increasing demand for connectivity 2Q24, the Thai economy showed cautious
clients, volume from existing IUs started to show the recovery sign with 17% growth in July from monthly average in Q2’2020. Furthermore, the trend of gas price looks favorable to our SPP business with a
long-term business plan. Two new HomePro stores were opened: at Tesco Lotus Bangkae and HomePro S at Gateway Ekamai. At the end of the second quarter there were 82 HomePro stores operating. Mega Home was
benefit expenses, which increased according to the increasing in number of employees to support the business expansion, pre-operation expenses as the result from the Group continuing expansion and new
income 348 31% 65 2% -81% Selling expense -138 -12% -306 -10% 121% Administrative expense -286 -25% -437 -15% 53% Finance costs -136 -12% -207 -7% 52% Net gains on exchange rate 0 0% 91 3% n/a Share of
2017, which is increased by Baht 1,739 million or 32% compared to the total revenues of Baht 5,426 million for 2016. The increase results from higher revenues from EMS business and retail business. In
of 2018 was decreased from 28% to 26% due to higher depreciation expense of top-up kiosks. Expenses and expenses to revenues from main business Q3’ 2018 Q3’ 2017 Increase (decrease) Million Baht
commencement of commercial operation Interest expense from ABPIF: A 38.7% decrease y-on-y and a 76.0% decrease q-on-q to Baht 68 million in Q1’2018 based on the benefits transferred from the business operation
in March 2019 and March 2020 respectively; • Interest expense from ABPIF y-on-y: A 28.6% decrease in Q1’2020 to THB 40 million based on changes in benefits transferred from the business operation of