Page 1 of 9 Management Discussion & Analysis Q1/2024 Executive Summary 1Q2024 Financial Summary Financial performance of Advice IT Infinite Public Company Limited and its subsidiaries, as per the

compared to the same period of last year, cost of Sales of Baht 643.84 million or 81.34 percent of sales, which is caused by the price of goods, is likely to increase continuously, resulting in higher cost

percent of sales when compared to the same period of 2018 with gain on exchange rate of 0.48 million baht or 0.06 percent of sales or 260.70 percent increase. - Affiliated companies (Gratitude Infinite

, from continuous cost control. Over the past years, the Company has continuously adjusted its business operations to meet customers’ demands and to compete with competitors and technologies that is

Company” ) still has carried on offering new products continuously. The Company also organized the marketing activities to educate the water quality, which is consistent with the business model of the

health and esthetics. 2. Overview of operating results for the year 2019. Thai’s economic has trend to growing lower continuously, Not only exporting business but Travelling business also have trend to

Living, had apartment units for lease as well. Revenue of rent and service derived from Park Court Project increased continuously. Total gross profit from rent and service business this year was THB136.32

services mainly for agricultural and food products that have still been continuously necessary even amid the pandemic. Costs and Expenses • The Company reported the consolidated costs and expenses for Q1

continuous consumption of private sector mainly covering with supportive factor from recovery of internal demand of several countries. In the meantime, Thai economy still has continuously expanded in the same

rate of tariff for importing products from China. However, the global economy still has continuously growing up. While Thai’s economic has trend to growing lower than expectation, Not only exporting