, a 19.8% increase from Baht 184.8 million of 1Q2019. The increase was driven by Power business which was mainly from i) higher contribution from GHECO-One driven by no major maintenance, favorable

totaling THB 1,155mn (or 65.2%) YoY, partly offset by (ii) depreciation which was significantly increased by THB 188mn (or 98.4%) YoY, driven mainly by the adoption of the new financial reporting standard

343.7% YoY and Operating Revenue 3.3% YoY. The increase of Operating Revenue was attributable to growth of industrial water’s sales volume mainly driven from newly COD of 2 SPPs, existing and new

and TFRS 16) Total Normalized Share of Profit was Baht 203.1 million, a 65.6% decrease from Baht 590.4 million of 2Q2019. The decrease was driven by Power business which was mainly from i) lower

driven by prepaid-to-postpaid migration, while ARPU declined 0.4%QoQ to Bt523 reflecting price competition and lower inter roaming revenue. Prepaid segment saw a decline of 532k due to COVID-19 affecting

traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see

the face of these challenges, AIS’s execution focusing on profitable revenue brought in a core service revenue of Bt33,351mn, growing 2.3% YoY. This growth was driven by the continued expansion of fixed

economy demonstrated cautious growth driven by tourism-related sector expansion and subsided inflation, while facing political uncertainties and global economic risks. AIS core service revenue reported at

customer ratio was 31.6%, increased from 22.7% of total customers in Q1/2023. This was driven by the increase in Asian tourists, particularly from Indonesia. Significant Event I n Q 1 / 2 0 2 4 : Sources

million baht. As a result, the expense to income ratio (Cost-to-Income Ratio) this year increased to 39.7%, driven from the expansion of subsidiaries in overseas. However, the Company will be able to manage