International Development) และส านักงานได้ร่วมมือกัน จัดหาผู้เชี่ยวชาญจาก The Appraisal Foundation of United State of America ในการจัดท าข้อเสนอแนะ เกี่ยวกับขอบเขตและเนื้อหาสาระในร่างมาตรฐานและจรรยาบรรณวิชาชีพของ

20230508-ADVANC-MDA-1Q23-TH Classification: Internal บริษทั แอดวานซ ์อินโฟร ์เซอรวิ์ส จ ากดั (มหาชน) ค าอธิบายบทวิเคราะหข์องฝ่ายบริหารประจ าไตรมาส 1/2566 1 ภาพรวมโดยสรุป ธรุกิจหลกัเติบโตท่ามกลา

20230807-ADVANC-MDA-2Q23-TH Classification: Internal บริษทั แอดวานซ ์อินโฟร ์เซอรวิ์ส จ ากดั (มหาชน) ค าอธิบายบทวิเคราะหข์องฝ่ายบริหารประจ าไตรมาส 2/2566 1 ภาพรวมโดยสรุป ธรุกิจหลกัเติบโตจากการมุ่ง

CAT Telecom, the Distribution of Router and Switch to large private companies and the D–ticket Project of State Railway of Thailand. Furthermore, the several projects in Q2–2020 were affected by the

declarations of the state of emergency including gradually closing the international inbound and outbound travels to stop the spread of the disease. In Thailand, the state of emergency was declared as well and

many large-scale projects that have been bidding by the Government at the end of year 2019, such as the D–ticket Project of State Railway of Thailand. However, the ongoing outbreak of COVID–19 in the end

many large-scale projects that have been bidding by the Government at the end of year 2019, such as the D–ticket Project of State Railway of Thailand. However, the ongoing outbreak of COVID–19 in the end

expenditure of state enterprises is likely to expand, which will be a key player to stimulate the economy in the long term. In Q2–2020, the company’s total revenue slightly decreased form Q1–2020, representing

14.5 17.8 Revenues and Costs of Sales and Services Most of the Company's revenue from sales and service in Q2- 2022 which come from government and state enterprise, increased from Q1- 2022 due to the

disbursements and capital expenditures according to disbursements of transportation agencies that have already expedited disbursements. Investment expenditures of state enterprises continued to shrink in