with ongoing data consumption demand, supported by rising tourist arrivals, benefiting the prepaid segment. Competition continued shifting towards value- based offerings with more benefits and

mobile business and cost control In 1Q21, core service revenue was Bt32,425mn, decreasing -2%YoY but increasing 1%QoQ from rebounded mobile revenue and robust growth in fixed broadband. Continuous 5G/4G

20220808-advanc-mdna-2q2022-en 2Q22 MD&A Advanced Info Service Plc. 1 Executive Summary Fading Covid-19 concerns drove 2Q22 economic recovery and AIS performance 2Q22 showed a continuous recovery in

continued 5G network expansions. We ensured carrying out continuous cost optimization in all areas to soften this impact. Following the declined EBITDA, AIS reported a net profit of Bt26,011mn, decreasing

Deterioration or Obsoleteness The Corporate Group’s inventory as at December 31, 2019 accounts for 25.67 percent of the total assets, of which 24.14 percent are finished products, 18.90 percent are work in

percent are work in progress and 46.14 percent are raw materials. The Corporate Group conducts inventory inspection every month and has employed accounting policy for setting provision for deteriorated

OPEX would continue to decline 1.6% YoY following ongoing cost management. In summary, EBITDA amounted to Bt37,903mn, increasing 10% YoY. EBITDA margin ( excluding equipment rental) improved to 47.0%, up

defining issue of our time. As part of our ongoing attempts to recover from the pandemic, all of us should take this opportunity to build back a greener and more sustainable socioeconomic system that is not

with fixed interest % 66% 58% Credit Rating by TRIS AA- A+ 1 Net debt after debt for capex and investments in progress that are not generating revenue and earnings as on date given Figure 7: Repayment

expansion due to ongoing recovery in private consumption and the tourism sector during the festive season, despite delayed government budget disbursement. Overall, AIS reported core service revenue of