lower base in 3Q21 as the new iPhone14 was launched earlier by one quarter this year and 13% QoQ. This also helped improve sales margin from 0.2% in 2Q22 to 1.0% in 3Q22 as the increased sales came from
million, increased by THB 91 million or 1,011% from 9M/2021, corresponding to the increase in sales revenue according to the improve COVID-19 situation, especially revenues from foreign tourists which has
& Analysis Q3/2023 5 I 10 In 9M2023, financial costs amounted to THB 19.80 million, increased by THB 3.99 million YoY (+25.25%) as the Company used more promissory notes to improve its liquidity and ensure
promissory notes to improve its liquidity and ensure sufficiency of working capital. Additionally, interest rates were increased in line with Bank of Thailand announcement. In 2023, the Company’s net profit
by 17.4% in 1H 2024; one of the worst in the last several years excluding an extraordinary event during Covid epidemic. We expect the industry will improve gradually towards the end of the year from
-Equity ratio of 0.4 times. We expect the car industry in Thailand to improve gradually. Yours sincerely, (Mr. Yeap Swee Chuan) Chairman and President http://www.aapico.com/ http://www.aapico.com/
increase in sales revenue, as well as the decrease in cost per unit from the increase in production volumes resulting in economies of scale. In addition, the improve in Net profit Margin also came from the
megawatts of electricity and 170 to 300 ton per hour of steam. The project has 2 PPAs with EGAT (Firm type) at 90 megawatts each, lasting 25 years and, PPA with IRPC Group for 60 megawatts of electricity and
MERCURIA with reference to the evaluation of asset of Origin Grand by an independent valuation firm under the Joint Venture Agreement and the Share Purchase Agreement. In this regard, after due consideration
calculating the value of Net Tangible Assets shall be subject to the mutual agreement between the Company and MERCURIA with reference par value of Origin Grand by an independent valuation firm under the Joint