Management Discussion and Analysis (MD&A) 2019 Page 1/8 Management Discussion and Analysis (MD&A) 2019 Overview and Factors Affecting Future Performance 2019 was considered a challenging year for the

1 2017 MD&A Advanced Info Service Plc. Executive Summary In 2017, mobile business improved from stronger 4G positioning amidst competitive environment. Competitive landscape remained challenging in

some marketing risk and to improve product quality to be accepted for international standard level. For the year 2018, it will be a challenging year for the Company to increase more export volume, sales

, the Company aims to diversify some marketing risk and to improve product quality to be accepted for international standard level. For the year 2018, it will be a challenging year for the Company to

. It was still challenging for telecom sector particularly in the mobile business due to weak consumer spending and revenue loss from traveler sector due to international travel restriction. Fixed

mobile industry has remained competitive as low-priced unlimited prepaid plans continue to dilute ARPU. Overall, pricing environment in prepaid market segment remained challenging to improve ARPU as

in the future. For Elastic Segment for Clothing and Textiles; There is still intense price competition in foreign markets. Moreover, many garment manufacturers have moved their factories to Vietnam

operation and marketing strategies. The new segments are comprised of 3 segments as the following; 1) Beverage 2) Personal Care and 3) Others. C-Vitt and Calpis are now moved to Beverage segment. Others

same time, the natural gas prices and Ft rate moved up and the revenue from Energy Payment (EP) of Sriracha Plant increased from the higher dispatched volume to EGAT. Comparing to 9M/2017, the revenue in

decrease in depreciation of Baht 3 million of the subsidiary. During Q1/2019, the subsidiary moved to new head office and totally recorded depreciation of old head office amounted to Baht 3 million. As a