and to create business cases for monetization in the future. Core service revenue ( Pre- TFRS 15) grew 2. 5% YoY with guidance maintained In summary, Pre- TFRS 15, AIS’ s core service revenue in 1Q19

to THB 10,145mn, predominantly due to the increase in revenue from hotel operations as a result of the hotel portfolio expansion and revenue from the sales of Mo Chit Land. • EBITDA reached THB 3,195mn

was no such transaction in this year. Segmental performance 1. Expressway business The Company had revenue from Expressway business of Baht 2,550 Million, representing an increase from the same quarter

. Expressway business The Company had revenue from Expressway business of Baht 9,957 Million, representing an increase from the previous year by Baht 656 Million or 7. 1 percent. The increase in toll revenue

performance of power business in 1Q2020 continued to be solid with Normalized Share of Profit of Baht 250.7 million, comparing to Baht 184.8 million of 1Q2019. Sale volume of Utilities business in Thailand is

than in 2017 which mainly supported by acceleration of global economy growth. Moreover, expansion in private consumption, export growth, and private investment from last year was due to higher consumer

& Calpis grew 2.7% YoY. Total Personal care continued its momentum with 11.5% growth YoY, with 42.8% growth in CLM markets. International business grew 1.5% at constant FX rate, driven by Myanmar growth

. 01 million in 1Q2019, representing an increase of THB 232.91 million or 6.24% up from 1Q2018 mainly from higher revenue of chicken processing business which increased by THB 248.80 million or 17.75% up

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

quarter of 2018 continued to improve. Export performance remained strong, with 12.3 percent year-on-year expansion. Tourism also continued to perform well despite the end of the high season, as tourist