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

declining of sales volume by 8% to at 102,834 tons. This was because it was a rainy season which consequences to diminishing traffic, there were no export methyl ester as there was in 2Q/2019 and the customer

previous year. The profitability of methyl ester was pressured by stiffen competition with increasing supply in Thailand. Additionally, the declining of palm oil price and the falling global glycerine price

million baht or decrease 12.84 %. The declining sales volume was due to the decrease in domestic demand for diesel. This is affected by a new outbreak of COVID-19 virus since early 2021. Additionally, the

105.63 (27.27) Net Profit 59.77 87.30 (31.53) Total Revenues: For 2018, EASON recorded a 3.75% drop in revenues resulted from the lower inks sales and diminishing in production of motorcycle coatings in

23.30 36.38 EBT 9.37 29.36 51.06 76.10 Net Profit 7.57 25.11 42.22 64.43 Total Revenues: For 3Q18, EASON recorded a 14% drop in revenues resulted from the lower inks sales as well as diminishing in

Dubai crude oil price in Q1/2019 adjusted downward by 4.89 $/BBL when compared to Q4/2018 in regards to pressure from diminishing crude oil demand stemming from major maintenance of refineries over in the

delay from government spending and the declining trend of steel price from the same period of previous year. 2. Gross profit margin was 9.30% of Total revenue, increased from last year that gross profit

of 26 million bath comparing to Q2/2016. These were results of declining in modern trade market of 16 million baht and traditional trade of 13 million baht. While HORECA (Hotel, restaurant, catering

, regarding to depress in price competition, total export was declined of comprising of declining in G-G contract and other export contracts. o Sales of domestic market also declined comparing to Q3/2016. These