volume, new model launch and new product launch of auto parts manufacturing business in Thailand. 2) Price adjustment of Portugal operation started to reflect in Q3 2022. 3) New model launch and adding of

13.0% in Q4 2022 to 11.5% in Q4 2023 due to lower production volume of automotive parts manufacturing business. However, Gross profit margin was within our target Gross profit margin of 10-12% Selling

lower production volume of automotive parts manufacturing business, mainly from Thailand operation. Selling and administrative expenses increased by 4.4% from Baht 440.4 million in Q1 2023 to Baht 459.9

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

facilitated by government subsidizations. This was further supported by a continuous increase in foreign arrivals despite some structural headwinds and rising geopolitical conflicts. In summary, AIS reported

the last quarter of 2017 continuously grew from previous quarter supported by a pick-up in exports, blooming tourism and private consumption as well as a jump in manufacturing. Overall, the economy will

diverging monetary policies, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Given the changing customer behavior amid new technologies, regulatory changes and

attributable to consistent orders from present customer and new customer. 1. Cost of sales and gross profit The Company’s cost of sales in year 2018 amounted to Baht 256.50 million, rising year-on-year by Baht

of sales 2,539.53 million baht (83.00% when compared to sales), net profit of 125.73 million baht, decreased 88.96 million baht or 70.75 percent because commodity prices are rising, and the market is

). Net profit was Baht 93.80 million, a decrease of Baht 93.80 million from the same period of last year. Baht 56.25 million or a decrease of 59.96% because commodity prices are rising. And the market is