, respectively, supported by growth from overseas demand especially from CLMV and the recovery of domestic energy drink market. Based on Nielsen as of 30 June 2018, market growth was -1.6% YoY during the first

of 48:52, respectively, supported by growth from overseas demand especially from CLMV and the recovery of domestic energy drink market. Based on Nielsen as of 30 June 2018, market growth was -1.6% YoY

of 48:52, respectively, supported by growth from overseas demand especially from CLMV and the recovery of domestic energy drink market. Based on Nielsen as of 30 June 2018, market growth was -1.6% YoY

20230508-ADVANC-MDA-1Q23-EN Classification: Internal 1Q23 MD&A Advanced Info Service Plc. 1 Executive Summary Growing core businesses amid the cautious recovery of the Thai economy 1Q23 illustrated a

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

outlook for 2H22 expects to remain fragile despite a sign of recovery in 1H22 due to inflation and continuous hike in energy price globally from the impact of Russian invasion of Ukraine which magnified the

group’s domestic energy drink business in 2Q2018, indicated by 2.8% growth rate in 2Q/2018 which reflect the recovery from 8.9% shrink in 1Q/2018. However, the recovery of the Group’s domestic energy drink

recovery of the tourism sector and the return of foreign tourists. However, economic expansion remains at risk from the impact of higher cost of living on households and headline inflation tends to rise