1 2Q21 MD&A Advanced Info Service Plc. Executive Summary Prolonged economic impact from new phase of pandemic in 2Q21 As the new phase of pandemic re-emerged in the second quarter, we observed the
digital assets as a means of payment, aside from its usage as investment, which could potentially impact financial stability and the overall economic system. The use of digital assets in this manner
to Baht 1,677 million. The decline was mainly due to the decrease in revenue from EMS and Smart service businesses. The Group’s profit for the first quarter of 2020 amounted to Baht 81 million, which
still in downturn mainly from the shrink of export and import sectors which were negatively impacted by an economic slowdown of the trading partner countries with a significant drop in domestic
led to widespread slowdown in economic activities. Private consumption slowed down in almost all categories especially in services segment: hotels, restaurants and transportations from the various
Revenue Analysis Group Sales decreased 8% in 2019 to THB 20,384m from 2018 at THB 22,264m due to market weakness from the downturn in the semiconductor cycle and the US-China trade war. USD sales were 5
countries around the world. This led demand for Gasoil consumption to decline in relation to the economic condition and industrial activity that decelerated. Gasoil and Dubai crack spread (GO/DB) declined
and environmental responsibility as well as sustainable development. As a consequence of global economic situation and economic downturn in the country, the real estate sector has continuously been
in capital expenditure. However, external demand softened as the value of merchandise exports grew at a slower pace. (Source: BOT Press Release No.3/2020 on the Economic and Monetary Conditions for
started in January in China and has since spread to several countries. Measures to contain the outbreak imposed by several countries have led to widespread slowdown in economic activities. Private