2017 due to the Government Procurement and Supplies Management Act B.E. 2560 that is more stringent and resulted in government agencies becoming more cautious in spending. For domestic sectors

20230807-ADVANC-MDA-2Q23-EN Classification: Internal 2Q23 MD&A Advanced Info Service Plc. 1 Executive Summary Core businesses growth from profitability focus amid economic uncertainties In 2Q23 Thai

Furniture 4.0” which increased by 69.6%, domestic project which increased by 14.2%, online channel which increased by 167.5%, and rental and rendering of services which increased by 15.2%. Total contribution

559 locations (an increase of 67 locations YoY). BCR has entered into partnership with Grab Food and Get Food, in order to provide foods and drinks from SPAR convenience stores and Inthanin coffee shop

export market of 34 million baht, including 9.5 million baht decrease in government to government contract (G-G), comparing to same quarter of last year. o Moreover, sales of domestic market also declined

, regarding to depress in price competition, total export was declined of comprising of declining in G-G contract and other export contracts. o Sales of domestic market also declined comparing to Q3/2016. These

, Raminthra Road, Tharang Sub-district, Bang Khen District, Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 Total revenue from sales 87.98 87.10 0.88 1.01 Service income - - - - Less domestic

1.01 Service income - - - - Less domestic product return / discount paid 0.9 2.25 (1.35) (60.00) Page 3 of 4 Ocean Commerce Public Company Limited 148/1 Soi Raminthra 14, Raminthra Road, Tharang Sub

-9.30 -138.48 Change +/(-) Unit : million baht • Revenue of Q 1/2019 is less than of both Q 4/2018 and Q1/2018 because of the followings: o Low purchasing power in domestic market causes our domestic

to slower sales in institutional sector and domestic market while export sales grew by 0.2% by strengthening distribution channels in countries beyond core markets. The Company reported gain from