channels In 3Q2022, the Company had services income from digital content via telecommunication channels of THB 58.67 million, decreased by THB 48.32 million or -45.16% YoY. This was due to the decline in

profit in Q4/2020 and 2020 were THB 127 million and THB 468 million, respectively, decreased by 30% from Q4/2019 and 39% from 2019, corresponding to the decrease in sales. • Gross profit margin in Q4/2020

amounting to THB 17.99 million, resulting from decrease in selling price of various products, particularly VGA products. The VGA price decrease was greatly influenced by the decline in Bitcoin price. In 2021

disruption to the economy. Businesses and employment were affected by the lockdown measures while consumer purchasing power continued to decline due to the high level of household debt. However, the government

results from the decrease in sales from dessert café and OEM sales following the pandemic situation. • Net profit margin in Q1/2020 was 5.9% which decreased by 14.9% from Q1/2019 due to the decline in

: 1. Sales Revenue 1.1 Sales revenue for the 3-months period ended 31 October 2019 For the 3-months period ended 31 October 2019, INGRS registered sales revenue of Baht 695.34 million, a decrease by

, a decline of Baht 1,366.26 million as compared to net profit of Baht 1,316.43 in the same period of the previous year. This was mainly due to reduced share of profit from investments in associated

million, decreased by THB 17.86 million or -6.50% YoY. This was due to the decline in average user spending on digital content services. The main reason for the decline in user spending was the economic

decrease due to drop in sales revenue as provided in Section 1 above. Please be informed accordingly. Yours sincerely, Mr. Hamidi Bin Maulod Chief Executive Officer

decline in sales revenue was largely due to the impact of Covid-19 pandemic resulting in an economic slowdown and closure of INGRS operations in Indonesia, India, Thailand and Malaysia. The local Movement