remained sluggish, due to weak purchasing power and the lack of any specific measures from the government. In the second half of 2017, the economy moved in a positive direction driven by industrial expansion
Together’ program, ‘Section 33 We Love Each Other’ and the ‘We Win’ program. Even though these stimulus schemes have helped to offset the effects of weak consumer confidence to some degree, these efforts
FY21 MD&A Advanced Info Service Plc. Executive Summary Maintained leadership in mobile business The COVID-19 has induced an economic slowdown and limited business activities, affecting weak consumer
contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro
could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak
resulted in weak consumer spending, particularly on mobile services. However, remote working continued to provide decent demand for home broadband. Overall, AIS reported core service revenue of Bt32,770mn
also affected by the weak purchasing power of consumers and the early rainy season. However, the Mega Home business has improved its operational cost management and has benefited from economies of scale
due to lower production for export. Export volume declined by 12.2% year-on-year to 252,105 units, compared to 287,063 units in Q2 2016, due to weak demand in export markets. This decreased export