spending during the remaining of 2017, encouraging by signs of growth cylinders including consumption and exports growth subsequently led a GDP expansion of 3.3%2 in the first quarter of 2017. The Bank of

-year performance which has already factored into the Company’s annual growth forecast. Meanwhile, we already have seen signs of improvement in overall advertising sentiment in upcoming November and

quarter of 2018 ( “4Q’18”) was THB 394 million, increased 7% yoy. Non-social security yoy revenue growth was highly 12% while social security revenue growth slightly increased. The non-social security

Revenue from Hospital Operations Revenue from hospital operations in the second quarter of 2018 (“2Q’18”) increased 16% yoy. Non-social security revenue growth was 19% which was higher than social security

increase more than the growth of revenue. The Gross profit margin of the first six month of 2017 and 2018 was 43.40% and 40.37%, respectively. The company has outstanding backlog as of 30 June 2018 of THB

Profit (Annualised) / Average Total Shareholders’ equity (average of outstanding at end of the same period in the previous year and at end of this quarter) 4 Earnings before interest and tax (Annualised

20230208-ADVANC-MDA-4Q22-EN Classification: Internal FY22 MD&A Advanced Info Service Plc. 1 Executive Summary Maintaining growth in core products amid cautious economic recovery 2022 displayed an

in year 2017 (“2017”) increased 16% yoy. This increase was driven by both non-social security and social security part. Accelerated revenue growth from social security came from higher number of

quarter of 2018 (“3Q’18”) was THB 427 million, increased 9% yoy. Non-social security yoy revenue growth was highly 18% while social security revenue growth slightly decreased. Non-social security’s

profitability. The Company has added new growth engines through both organic and inorganic expansion which enable MACO to achieve an outstanding top and bottom line performance compared to the same period last