loss branches and turned to emphasize the other distribution channels where there were lower cost and higher margin. Another important development of mobile phone distribution business in the previous

and service were difficult due to the weak purchasing power. Since the consumers were price- sensitive, together with a high competition in the market, some entrepreneurs turned to reduce their

lockdown offset by improving bad debt expense. Net FX loss was Bt181mn in 3Q20, turned negative, compared to FX gain of Bt344mn in 2Q20 as THB had depreciated against USD and increased capex payable. Finance

August 2018 also turned Chalarm sales to near breakeven (-0.7% YoY in 2018, improved from -15% YoY pre-launch to +18.0% YoY post launch of Chalarm Black Galingale). Also, M-Presso (NPD launched in February

a lot in the last year, some customers reduced the demand for this type of content and turned to buy program rights which has been broadcasted on television instead. Moreover, the customer less the

rental from lock down Net FX gain was Bt344mn in 2Q20, turned positive, compared to FX loss of Bt422mn in 1Q20 as THB had appreciated approximately 5. 4% QoQ against USD and higher Capex payable compared

to lower bad debt provision while decreasing -11%QoQ due to some seasonal staff-related expenses. Net FX loss was Bt223mn, turned negative, compared to FX gain of B263mn in 4Q20 due to THB depreciation

staff-related expenses. Net FX loss was Bt-42mn in 1Q22, turned negative, compared to FX gain of Bt163mn in 4Q21 due to THB depreciation. AIS has the policy to mitigate the currency risk using hedge

to 8.2% in Q4 2022 due to the following reasons: 1) Strong performance of automotive parts business in Thailand. Portugal performed well in Q4 2022, turned from a big loss in Q4 2021 to a profit in

, increasing +4.6%YoY due to increase in bad debt provision from NBTC credit term expansion policy, and –19%QoQ due to employee remuneration in 4Q19. Net FX loss was Bt422mn in 1Q20, turned negative, compared to