showed a slow recovery reflecting a mixed trend in the indicators. On one side, a strong growth driver came from increasing tourist arrivals and lower inflation rates attributed to government subsidies
10.06% as compared to 2016. However, higher proportion of cost of sales to net revenues from sales increased from 48.69% to 49.08% as a result of increasing prices of goods and raw materials including
ADVANC MD&A - EN 2Q24 MD&A Advanced Info Service Plc. 1 Executive Summary Maintain core business growth with the consistently increasing demand for connectivity 2Q24, the Thai economy showed cautious
, increasing by 168% as compared to Q3 2016 of 796 Million Baht. This was mainly due to the increasing revenue from property business, specifically The Ritz- Carlton Residences, Bangkok (“RCR”) of 1,360 Million
, increasing by 168% as compared to Q3 2016 of 796 Million Baht. This was mainly due to the increasing revenue from property business, specifically The Ritz-Carlton Residences, Bangkok (“RCR”) of 1,360 Million
, increasing 20% YoY from TTTBB consolidation and organic business growth, while increasing 1.4% QoQ driven by continued demand for mobile and fixed broadband connectivity. FBB maintained a growth engine
of 85% YoY and 6% QoQ while subscribers rose to 571,800 or a net addition of 50,600. Put more focus on convergence and EBITDA generation Given the growing fixed broadband and increasing popularity of
reported a core service revenue of Bt138,569mn, increasing 4.2% YoY, attributed to the performance of all core services dedicated to delivering high-quality products, as well as additional revenue
) was Bt32,455mn, +6.0% YoY and +0.9% QoQ, resulting in YTD growth of 5.5%. Increasing 4G penetration (42%) and data usage (5.9GB/data sub/month) improved mobile revenue to stand at Bt31,569mn, +3.9% YoY