other persons in a manner which is similar to or which is in competition with the operation of the management company except where the management company can show that its organizational structure does

liabilities and license payable) remained healthy at 1.0x. Total equity was at Bt78,214mn, which declined - 4.4% due to dividend payment. Cash flow In 9M22, cash flow from operation (after tax) reported at

) remained healthy at 0.7x. Total equity was at Bt79,967mn, which decreased -6.8% due to a decrease in retained earnings appropriated for the dividend. Cash flow In 1Q23, cash flow from operation (after tax

in staff expenses as the dessert café have resumed to normal operation, and an increase in the number of staff for newly opened branches. In addition, the Company experienced increase in rental fee

was at Bt87,183mn, increased 1.6% from higher retained earnings. Cash flow In 1H23, cash flow from operation (after tax) reported at Bt37,904mn, increased by 4.7% compared to 1H22 following an

employees to support the business expansion, pre-operation expenses as the result from the Group continuing expansion and new project development and expenses related to the bidding of the projects for

0.9x. Total equity was at Bt83,486mn, decreasing -2.7%. Cash flow In 9M23, cash flow from operation (after tax) reported at Bt62,485mn, increasing 9.4% compared to 9M22 following an improvement in EBITDA

derived from employee 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

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 project

broadband revenue was 2.1% lower from 4Q23 at 2.3%. 1Q24 MD&A Advanced Info Service Plc. 4 Cash flow In 3M24, cash flow from operation (after tax) reported at Bt29,952mn, increasing 47% compared to 3M23