beginning of this year which allows the Company to benefit from economies of scale. • Gross Profit margin in Q4/2022 was 62.9%, increased from 59.6% in Q4/2021, and Gross Profit margin in 2022 was 63.1
policy to increase the minimum wage, which is projected to benefit over 3.7 million employees beginning January 1, 2025. This policy is expected to exert a positive influence on the Company’s operations in
evaluated provision of employee expenses payables by actuary principle by the independent specialist in accordance with financial reporting standards in every 3 years or significant changes on loans of post
of last year when the Company and its subsidiaries had a provision for doubtful accounts. Beside, company and its subsidiaries recorded the profit sharing to non-controlling interest in a subsidiary by
the decrease rate in profit was lower than the decrease rate in revenue due to the reversal of provision for doubtful account of the Q4-2016. - 3 - Operating results and ability to make a profit
in this year, consequently, there was expenses related to the operation fees, on the other hand (3) There was decreased in tax and penalties due to the Company incurred tax and penalties provision in
loss comprehensive at Baht 0.44 million deductible deferred tax is at Baht 0.09 million. However, no this item incurred last year. Therefore, the Company evaluated provision of employee expenses payables
administrative expenses were 8,754 million baht, increased 587 million baht or 7% y-y. This was a result of an increase in marketing expense by 9%, personal expense by 13% caused by increasing in provision for