business expansion by 2019. Direct Investment business is the existing business of the Company and its subsidiaries. In the past, the Company and its subsidiaries have been conducting direct investments in
results, and expansion estimation of IGE, the Board of Directors has considered the price of IGE’s existing ordinary shares is appropriated. The company decided to invest in IGE has direct benefit to the
Pte. Limited, paid for share capital totaling AUD 15 million or equivalent to Baht 342.97 million, in the proportion of investment of 100 percent. 1.3 The Expansion of Electricity and Steam Generation
partners will drive DGI’s expansion into growing gaming business in Asia. 3 1Q20 MD&A Advanced Info Service Plc. Market and Competitive Environment In 1Q20, the mobile market continued to face pricing
equity of the Group was considerably low at 0.25 time, same level as 0.25 time as at December 31, 2019. In summary, the Company had appropriate capital structure. GFPT Group Expansion Plan In the next 3- 5
increase was affected an increase in number of employees that were recruited to support to business expansion. The management expenses also increased by Baht 16.72 million from the Company’s subsidiaries
(Sector C+), toll revenue increased by Baht 23 Million or 6.9 percent due to the expansion of suburban area resulting to the traffic volume increased. Sector C+ average traffic volume in the first quarter
preceding year, SG&A in 1Q18 increased by 2.5% YoY, mainly due to three distinct sources: a) Higher personnel expenses, reflecting increased number of employees to support business expansion b) Increase in
completed in the previous year and sold with higher gross profit margin. Moreover, as a result of the expansion of rental and service business, the income from rental fee and service and management fee