in previous quarter to Baht 5.37 trillion. Based on fund types, it is found that equity fund, fixed income fund, mixed fund and fund of property fund were increased in size, meanwhile, Property fund

(%) 5.69% 9.51% 9.80% Return on Equity (%) 8.82% 15.44% 15.32% Efficiency Ratios Return on Assets (%) 6.27% 10.87% 10.68% Return on fixed assets (%) 46.78% 82.27% 89.99% Asset turnover times 1.10 1.14 1.09

, driven mainly by exports sector, private consumption, government spending and investment. In the fourth quarter, Thai economic growth is expected to be driven by government initiatives such as Low-income

1 3Q17 MD&A Advanced Info Service Plc. Executive Summary AIS continued revenue growth momentum in 3Q17, attributed to both mobile and fixed broadband businesses. 3Q17 service revenue (excluding IC

130,357 130,274 2 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Financial Statement Summary in 2Q2020 Statement of Comprehensive Income Total Revenue Total

ended 31 March 2021 which was reviewed by the auditor. The Company’s overall performance can be summarized as follows: Performance (Statement of comprehensive income) 1Q2021 1Q2020 Increase/ (Decrease

operating income ratio 22.7% 21.2% 21.2% 1.5% 1.5% 22.6% 22.2% 0.4% Cost to income ratio 41.9% 45.3% 43.5% (3.3)% (1.6)% 43.3% 42.1% 1.2% Return on average assets * 1.17% 1.19% 1.14% (0.02)% 0.03% 1.18% 1.16

(14.94) Gain (loss) and return on financial instruments 67.54 (4.74) 67.54 (4.74) Shares of gain (loss) from investments in an associate 5.32 4.10 - - Other income 26.59 14.79 28.39 14.79 Total income

8,197 6,815 1,382 20.3% Sales and service income 8,126 6,730 1,396 20.7% Other income 71 85 -14 -16.1% Cost of sales and services 7,100 5,985 1,115 18.6% Gross Profit 1,026 746 280 37.6% Gross Profit

by issuing debentures with fixed interest rate from 2.05 to 3.01 percent per annum to reduce financial cost and risk management from floating interest rate. As a result, the Company has saved interest