contracted more severely than in the first quarter as a result of strict measures implemented worldwide to contain the Coronavirus Disease 2019 (Covid-19) pandemic which disrupted economic activities in many

three benchmarks (e.g. Kasznik and McNichols, 2002; Francis et al., 2003; Skinner and Sloan, 2002; Shanthikumar, 2012; Liu, 2013). • Economic-related rewards given to such firms are in the forms of

20220808-advanc-mdna-2q2022-en 2Q22 MD&A Advanced Info Service Plc. 1 Executive Summary Fading Covid-19 concerns drove 2Q22 economic recovery and AIS performance 2Q22 showed a continuous recovery in

used by financial analysts to understand a company’s efficiency and profitability based on data found in financial statements. Use: The primary way of aggregating an economic activity to a company level

(Decreased) % Operating profit 993.74 954.83 (38.91) (3.92%) Depreciation 188.28 191.02 2.74 1.45% Amortization 130.47 137.67 7.20 5.52% EBITDA 1,312.49 1,283.52 (28.98) (2.21%) 2. Economic Situation Overall

expected due to declining global trade volumes and the slower economic growth of major trading partners, which were affected by trade tensions between the US and China. Export growth has been negatively

part of the direction to resolve the grounds of possible delisting. Board of Directors and Auditing Committee’s opinion: Considering the current economic condition, Government land appraisal price

minimize the impact of the economic slowdown. This quarter, revenue from rent and service came from leased warehouse/factory space in the Bangkok Free Trade Zone Project (by Prospect Development Co., Ltd

addition, the economic slowdown in 2019 created a price war competition in this industry. For this quarter, the outbreak of COVID-19 since middle of March 2020 caused a direct impact toward customers

to ensure sustainable growth in the overall economic system in line with the Government Economic Development Plan, the Thailand 4.0 Policy, and the Sustainable Development Goals (SDGs).?The SET Action