PHILLIP ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 16/04/2021 - 26/04/2021
benefited from TTTBB enterprise revenue consolidation. Market and Competitive Environment In FY23, the Thai economy sustained modest growth, driven by private consumption and the recovering tourism sector
finance cost, and a net FX gain. It declined -8.2% QoQ from lower foreign exchange gain. Market and Competitive Environment Thai economy exhibited signs of further recovery in 1Q23 due to the improvements
-competitive environment. The revenue recorded at Bt10,064mn, an increase of 19% YoY. AIS focuses on a fixed-mobile- content convergence (FMC) strategy alongside consistent service standards and introducing
growth of 163% YoY and 41% QoQ. This was attributed to the full quarter consolidation of TTTBB's revenue, as well as organic expansion of new subscribers with value packages leveraging on the expanded
demonstrated a cautious growth from expansions of private consumption and tourism sector, while facing global and local economic headwinds and challenges from high interest rate environment. Overall, AIS
, increasing 20% YoY from TTTBB consolidation and organic business growth, while increasing 1.4% QoQ driven by continued demand for mobile and fixed broadband connectivity. FBB maintained a growth engine
Bt40,229mn, increasing 19% YoY following TTTBB revenue recognition and organic business expansion, while increasing 2.0% QoQ driven by continual demand for connectivity of mobile and FBB. FBB continual growth
Environment In 2Q23, Thailand's economy showed a further recovery from revived global tourism and hospitality-related sectors and a slightly improved private consumption as a reflection of tamed inflation