challenging moment to most of real estate developer. As 30 September 2019, the company’s backlog was THB 644.73 million and the company’s inventory was THB 1,997.43 million The Company future business plan is

expanding its expertise in EDS, Cloud-related products, and customized solutions in targeted industries aiming to grow together with the customers amidst economic uncertainties. Classification: Internal 2Q23

322.5 Million Baht representing a 3.5% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of $700K

1 2017 MD&A Advanced Info Service Plc. Executive Summary In 2017, mobile business improved from stronger 4G positioning amidst competitive environment. Competitive landscape remained challenging in

% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal

our 3 key foundations in Autonomous Network, IT Intelligence, and Data Analytics to drive growth across our core business areas. • Mobile revenue to grow despite a challenging competitive landscape

margin was at 48%, declining from 50% in FY21 mainly due to an increased mix of handset sales to total revenue. The reported net profit was at Bt26,011mn, dropping -3.4%YoY from the challenging cost

Company is confident that our strategy and prompt action plans will enable us to navigate the shifting retail landscape in the future. The current business situation First half of 2020 was a challenging

expanding acquisitions in new areas. AIS Fibre continued to focus on service quality and fixed-mobile-content convergence (FMC) strategy to acquire new subscribers. However, the low-price offering to acquire

personal expenses and the depreciation because of the expanding capacity of subsidiaries. Sincerely yours, (Mr.Pongpat Patanavanich) Managing Director