LARIFIES FOR PERFORMANCE
17 November 1997
Advanced Info Service Plc would like to submit its Unauditted
financial statement as of Quarter 3/1997 ended September 30,1997 and 1996
along with the summary of financial status and operation. Additionally,
the decrease of quarter 3/1997 net profit from the same quarter of 1996
of more than 20% is due to the fact that the company had recorded the
total loss from Foreign Exchange in quarter 3/1997 totaling Baht 573
Million which had recorded in 2 separate item as follow:
1. Loss on exchange included in the Selling and Administrative
Expense of Baht 94 Million.
2. Adjustment of net effect derived from the change in exchange rate
system amount Baht 335 Million (net of income tax effect of Baht 144
Million)