, comparing with the same period last year which had net loss of Baht 45.62 million, improving by Baht 42.74 million:- 1. Total revenue was Baht 17.32 million, an increase by Baht 102.38 million or 120% mainly

period in 2018 because of higher selling and administrative expenses driven by the increase of number of employees to support business expansion. Please be informed accordingly. Yours sincerely

ADVANC-MDA-1Q24-EN 1Q24 MD&A Advanced Info Service Plc. 1 Executive Summary Revenue base expansion from core business growth and acquisition of TTTBB 1Q24, Thai consumer confidence slightly improved

Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the 4Q/2022 expanded by 1. 4% y-y, slower than the expansion of 4.6% y-y in the previous

THB 41.55 million and THB 32.98 million respectively. The increase of THB 8.6 million or 26% was from more staff cost at head office to serve new business activities and branch expansion. However, the

increase in employee expenses of the Company and its subsidiaries for business expansion during last year, fees and expenses related to ICO portal service of SE Digital Co., Ltd. However, these expenses

the previous year due to continue an increase of export and private consumption, as well as an expansion of private investment. In addition, there were supporting factors from domestic demand from the

compared to Q1/2022 increase 7.4% from Baht 1,621.0 million to Baht 1,740.6 million. The increase of Baht 119.6 million, mainly derived from sales of biomass power plants which increased by Baht 42.0 million

and Q1- 2016, which was Baht 199.5 million and Baht 16.5 million, respectively, due to the first quarter of 2017. The overall economic expansion has improved direction, with the main driving force from

company’s total revenue significantly increased form Q1–2020, representing an increase of 592.6 MB or 48.1%. This is because the most of the company’s revenue came from ongoing projects of the previous