2018. Operating expenses which included the write-off of plant and equipment increased by Baht 23.3 million or 3.4% compared to year 2018. Additional finance costs of Baht 16.1 million or 182.7% were

sales in material product group due to fluctuations in global markets from US and EU policies. Revenue from rental equipment decreased 5.17 million Baht by 4.82%, achieved Baht 102.07 million cause from

installation work of Baht 12.26 million decreased by 60.10% from the sub- contracting project nearly completion. And revenue from rental equipment decreased 2.49%, achieved Baht 309.98 million due to the

and service 1,500.3 1,473.3 1,343.3 27.0 1.8 157.0 11.7 Cost of equipment for lease 43.0 35.3 35.3 7.7 21.8 7.7 21.8 Administrative expenses 98.5 99.9 82.9 (1.4) (1.4) 15.6 18.8 Income tax expenses 43.0

1 2Q18 MD&A Advanced Info Service Plc. Executive Summary AIS continued to deliver revenue growth in all segments. In 2Q18, core service revenue, which excluded IC and equipment rental, was Bt33,464mn

respectively, an increase of THB 138.4 Mn or 9.5%. The assets increased mainly from (1) property, plant and equipment, (2) other intangible assets as a result of the acquisition of the Japanese restaurant brand

referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business

hire an appraiser approved by the Securities and Exchange Commission. 2 The change is the result of the Thai Accounting Standard No. 16 (revised 2017), regarding Property, Plant and Equipment has

between China and USA, some of the excess HRC try to commute to Thailand and our neighbor countries. This resulting in the soften of HRC price but the scrap price is also soften as well. As such, the

operators in the condition of excess supply have affected the selling price. The contracted volume and selling price therefore have a direct impact on the company's gross profit and net profit, although the