1 1Q19 MD&A Advanced Info Service Plc. Executive Summary Mobile growth remained soft from ongoing price competition Overall mobile market in 1Q19 reflected industry's effort in gradually

and flat QoQ. For 9M20, core service revenue declined - 4. 4% YoY, EBITDA contracted - 3%YoY and net profit declined -13%YoY. FY20 guidance is revisited, core service revenue is expected to contract low

decreased of 234.5 MB and 94.3 MB, respectively, due to the governmental projects in the first half of 2017 were relatively small and delayed. The Company also faced a higher market competition. Besides, in

Microsoft Word - FY19 MDA edited after comment.docx 1 FY19 MD&A Advanced Info Service Plc. Executive Summary Mobile business grew amid competition In FY19, despite slow economic growth and continued

, regarding to depress in price competition, total export was declined of comprising of declining in G-G contract and other export contracts. o Sales of domestic market also declined comparing to Q3/2016. These

pipes to the contractor for a submarine pipe laying project. The delivery period started from end of year 2016 which was the first phase of the contract and Q1/2017 is considered the final part of the

average selling price of wheat flour and wheat bran decreased by 3.5% and 18.5%. Because in the past the market has increased the price competition. In addition, customers negotiate the price by referring

services and revenue from contract work. As a result, the gross profit was decreased by THB 2.7 million from the prior period and also decreased by THB 22.2 million or 6.2% decreased of gross profit margin

the revenue from services and revenue from contract work. The total cost was reported at THB 695.4 million, decreased by THB 103.3 million or 12.9%. The gross profit for the year 2017 was decreased by

. Besides, the Company had cooperated in organizing the E-Sport Competition. In addition, the Company has continuously provided caravan service for orchards according to the increasing number of caravans