, a 19.8% increase from Baht 184.8 million of 1Q2019. The increase was driven by Power business which was mainly from i) higher contribution from GHECO-One driven by no major maintenance, favorable

totaling THB 1,155mn (or 65.2%) YoY, partly offset by (ii) depreciation which was significantly increased by THB 188mn (or 98.4%) YoY, driven mainly by the adoption of the new financial reporting standard

343.7% YoY and Operating Revenue 3.3% YoY. The increase of Operating Revenue was attributable to growth of industrial water’s sales volume mainly driven from newly COD of 2 SPPs, existing and new

and TFRS 16) Total Normalized Share of Profit was Baht 203.1 million, a 65.6% decrease from Baht 590.4 million of 2Q2019. The decrease was driven by Power business which was mainly from i) lower

driven by prepaid-to-postpaid migration, while ARPU declined 0.4%QoQ to Bt523 reflecting price competition and lower inter roaming revenue. Prepaid segment saw a decline of 532k due to COVID-19 affecting

the face of these challenges, AIS’s execution focusing on profitable revenue brought in a core service revenue of Bt33,351mn, growing 2.3% YoY. This growth was driven by the continued expansion of fixed

economy demonstrated cautious growth driven by tourism-related sector expansion and subsided inflation, while facing political uncertainties and global economic risks. AIS core service revenue reported at

customer ratio was 31.6%, increased from 22.7% of total customers in Q1/2023. This was driven by the increase in Asian tourists, particularly from Indonesia. Significant Event I n Q 1 / 2 0 2 4 : Sources

million baht. As a result, the expense to income ratio (Cost-to-Income Ratio) this year increased to 39.7%, driven from the expansion of subsidiaries in overseas. However, the Company will be able to manage

; Malaysia dealership business reported a 19.1% growth in revenues driven by higher sales of Honda. However, Thailand dealership business reported a 17.5% decline in revenues due to slower sales caused by