Research and Development) million baht 8,180 7,378 6,976 Operating expenses (including Research and Development) to sales (%) 16.00% 13.90% 14.17% Operating profit margin (%) 4.48% 8.94% 11.32% Other income

Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 September 2023 of the Company and the

more the resources, R&D and equipment to enhance capability in production and product development. Furthermore, ESPBG’s Sales improved 7.0% over the same quarter of last year, mainly contributed by sales

mainly due to the increase of administrative expenses from hiring management of subsidiaries, advisor and due diligence fees to audit the position of energy projects that the Company had entered into

estate development business amounted to 6.06 million baht, an increase of 0.06 million baht or 1.07%. Resulting in the company being able to recognize revenue of 1 unit. 1.5 The Company has income from

estate development business amounted to 6.10 million baht, an increase of 0.10 million baht or 1.67%. Resulting in the company being able to recognize revenue of 1 unit. 1.6 Revenue from contractors

from renting a place for depositing goods according to the period of deposit. 1.4 Revenue from real estate development business amounted to 6.10 million baht, an increase of 0.10 million baht or 1.67

CORPORATION PUBLIC COMPANY LIMITED SUPER: SUPER ENERGY CORPORATION PUBLIC COMPANY LIMITED SWC: SHERWOOD CORPORATION (THAILAND) PUBLIC COMPANY LIMITED TAN: Tanachira Retail Corporation Public Company Limited TBN

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2023 of the Company and the subsidiaries (“the

profit was mainly due to the development in domestic and international business. Note: 1/ Energy Drinks and Sport Drinks 2/ Drinking Water, 3-in-1 Coffee and RTD Coffee Gross profit from domestic business