Submission of financial statement as of Q1/1998
18 May 1998
Re : Submission of Financial Statement as of Quarter 1/1998
Advanced Info Service Public Company Limited would like to submit companys
audited financial statements at Q1/1998 as of March 31,1998 and 1997.
The companys net income at Q1/1998(THB 1,741 million) denotes the better
performance than that of Q1/1997 (THB 908 million) due to the gain on
exchange rate of THB 1,438 million. However, excluding the said item, the
companys net income from operation at Q1/1998 is less than of Q1/1997.
This is due to the increase in interest payment amounting THB 308 million.