. Therefore, the steel product is expected to recover together with the liberalization of international trade begins to effective; rely on the time frame that each party has made a long-term agreement. It is

2017 especially in China. Therefore, the steel product is expected to recover together with the liberalization of international trade begins to effective; rely on the time frame that each party has made

1 3Q20 MD&A Advanced Info Service Plc. Executive Summary Continued economic impact on mobile business despite improved pandemic situation in Thailand With well-managed pandemic situation, domestic

which recover from 3.6% shrink in 1Q/2018 and however, shrink by 2.5% in September which make the market remain stable in 3Q/2018. This Revenue from sales by business Unit: THB million 30 Sep 17 30 Sep 18

thoroughly affected, and this negatively impacts private consumption, along with exacerbated financial vulnerability among households and businesses, which will require assistance and time to recover. The

postponing investment plans for additional capacity in the country temporarily. However, it is expected that the industry will recover in the second half of this year due to high demands for HDD usage

in orders in the first half year, which is expected to recover in Q3/2018. Towards the end of the year 2016, the Company invested in a new factory building in response to the increasing demands from

resolved to maintain the policy interest rate at 0.50 percent. Though the economy is expected to contract more than in previous assessments, it is also likely to gradually recover in the second half of 2020

of COVID-19 local infections since mid-December of last year. Economic activity improved in February as the outbreak was brought under control and external demand continued to recover. Private

global steel consumption increased. The overall steel market prices have risen over the second half of 2017 especially in China. Therefore, the steel product is expected to recover together with the