containment measures in Thailand. With regards to domestic demand, public expenditure would remain an important economic driver. Meanwhile, private consumption should gradually pick up compared to second
% growth in the previous quarter, as a result of private consumption and public investment showed contraction while export of goods, private investment and government expenditure expansion. In addition, the
-conservative spending amid political uncertainty. AIS also focused on high-margin services including EDS, CloudX, and tailored vertical solutions for targeted industries. EBITDA accelerated QoQ from growth in
resumed spending in ICT solutions. Cost & Expense In 3Q23, the cost of service was Bt21,789mn, relatively flat -0.3% YoY due to lower depreciation cost offset by the increased network cost. It decreased
quarter which contracted at 12.1%, because of the government expenditure and public investment expanded, while private consumption, private investment, and export of goods declined at a slower pace compared
the Thai population and business sectors to become more vigilant in spending and investment. The mobile industry showed a positive sign driven by the overall economic improvement which benefited from
slower-than-expected recovery of advertising expenditure during the first half of 2017, the VGI believes that an improvement in advertising spending is in the offing for the remaining months of 2017 as
administrative expense amounted to Bt322.1 million in 2Q20, or 15.13% of sales, a decrease from Bt415.5 million in the same period last year. Selling expense, such as freight costs and sales commissions, decreased
administrative expense as a percent of sales increased slightly to 13.2% in 1Q20 compared to 12.9% in the same period the previous year. Selling expense increased in line with higher sales. Administrative expense
expense as a percent of sales decreased slightly to 12.9% in 1Q19 compared to 13.5% in the same period in previous year. Selling expense decreased in line with lower sales. Administrative expense decreased