3Q21 MD&A Advanced Info Service Plc. Executive Summary Slight revenue improvement despite COVID restriction measures and continued competition During 3Q21, the economy remained subdue from COVID
245.3 mm, decreasing 41.8%, which was mainly from international travel restriction from COVID-19 pandemic. As a result, the customers could not transfer the land; however, the potential customers still
. Government enforced fully lockdown with varying degree of restriction within the 2Q causing significant economic impact. For telecom, new subscriber acquisition as well as handset sale remained weak while
, which sales reported growth approximately 250%. The Company also expanded Omnichannel model to Italy by launching an e-commerce website called www.rinascente.it in June. - Property and Store expansion
also been postponed. Malaysia: All 6 stores of HomePro in Malaysia have been closed down since 18th March 2020, in accordance with an order from the Government of Malaysia. The restriction period will
%. Domestic sales decreased by 9.24% due to the decrement in sales volume of B2B and local distributors while export sales increased by 11.24% from a successful of distribution expansion in China. The Company
supported by growth across all three businesses. Mobile business (Bt29,591mn, 2.0% YoY and 1.3% QoQ) saw slightly improved spending in 4Q21 after pandemic restriction eased while low-price environment
COVID Timeline and Cost-Saving Initiatives to Respond to the Situation The franchise outlet in Hong Kong will be ready in 1-2 month after the restriction on cross-border flight is lifted The slump in
restriction to curb the Coronavirus outbreak. The entry plan remains around Bt400. Operators are building in VDO service and other value added service including mobile bundling to gear toward higher ARPU. 2Q21
higher competition. The company recorded revenue from services of 579.03 million Baht which increased from the last year totaling 431.89 million Baht or 293.52% due to the expansion of construction