. Overall market environment The Thai economy continued to expand mainly from 2 key drivers relating to external factors, in line with the recovery of the overall global economic conditions (Global
1 FY20 MD&A Advanced Info Service Plc. Executive Summary Mobile business affected by weak economy and competition in data pricing Slowdown in economic and business activities had been observed
export destinations and almost all product segments. This was, to some degree, a result of a firmer economic recovery in Thailand’s major trading partners. In addition, a better-than-expected performance
Company and its subsidiaries recorded total sales of Baht 1,174 million, a decrease of 19% YoY, occurred from a decline in domestic branded sales and impacted from financial statement adjustment in
offsetting such discount. In 2Q20, The Company, with full impact from COVID-19, reported total revenue of THB 927m, decreased by 61% YoY. The major drivers of such decline were 51% drop in revenue from sales
other export market. ○ Moreover, sales of domestic market also reduced comprising rate volume decline modern- trade, and traditional trade. ○ Restaurant and food service business were effected by economic
and expenses as much as possible to adjust to the continuous decline in revenue due to the effects of the current economic situation, which is expected to continue through the year 2020. In the Tooling
. Jet (Kerosene) and Dubai crack spread ( IK/DB) in Q4/2019 averaged at 13.94 $/BBL, a decline of 1.80 $/BBL compared to the previous quarter. Due to pressure from slowing economic condition and the trade
group is likely to decline in the future. For Exercise and Physical Therapy Band; the market portion is still taken by the major manufacturers together with the stable economic situation causing the sales