1Q22 MD&A Advanced Info Service Plc. Executive Summary Prolonged economic impact from Omicron outbreak and rising inflation in 1Q22 In 1Q22, Thailand’s economic recovery was challenged as private
traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see
third quarter of 2017, buoyed largely by tourism and exports. Nonetheless, the economic recovery was not broad-based, as evidenced by sluggish private consumption. While certain businesses were still
family models aligning with the recovery of agricultural incomes that strengthened the household purchasing power. Besides, the export sales expanded in accordance with the economic situations of trading
from major operational disruption to ensure prioritization of systems, processes and resources required for effective recovery of business operations. Clause 4 Business continuity plan in accordance with
million (related transactions eliminated), accounted for 42.11% of the total increase in revenue. The local subsidiaries gained advantage from the recovery of the automotive industry in Thailand, resulting
) urgent issues regarding building liquidity, recovery and strengthening capital market to support economic growth and competitiveness, and (2) fundamental issues regarding building reliability and
bad debt recovery for the fiscal year 2021 were 1,423 million baht grew by 16% y-y and for the fourth quarter of 2021 were 404 million baht increased 6% q-q and 19% y-y respectively. Details of each
recovery of the tourism sector and the return of foreign tourists. However, economic expansion remains at risk from the impact of higher cost of living on households and headline inflation tends to rise