4.50 4.61 0.74 19.68 Freight expenses 0.36 0.26 0.77 0.79 0.41 113.89 Others 3.44 2.48 6.09 6.23 2.65 77.03 Total cost of sales 139.05 100.00 97.70 100.00 (41.35) (29.74) Proportion of cost of sales to

foreign. 5. Selling and administrative expenses increased by 87.06 million baht or 14.38% from 605.22 million baht in 2021 to 692.28 million baht in 2022, mainly from the sea freight costs for exporting

majority and sheer number of parties, governing could prove difficult. A large stimulus package is expected and large-scale projects are likely to go ahead. This should help boost the economy going forward

easier to operate. In addition, the Company had delivered several large-scale projects in this quarter, such as the GDCC Service Expansion (VM) Trading Project of National Telecommunications PCL, the

large-scale projects: the project of procurement and installation of computer network systems for information of Chulalongkorn Hospital, Thai Red Cross Society, the project of development of the system

% 6% 3,112 69% 4% 3,115 62% 2% Commercial Property Business Performance of commercial property business constitutes those of a 3,000-sqm NLA retail space ‘The Lighthouse’, a large-scale office complex

. Increasing household debts and loan rejection rate of financial institutions are the major obstacles. In the past, the strategy of the Company emphasizes the development of large-scale projects focusing mainly

institutions has become very strict and loan rejection rate has been rising. In addition, the projects developed by the Company are large-scale, resulting in an increase inventory. The Company, therefore

revenue as we have recognized revenue of a big scale implementation job in Malaysia last year. With the acquisition of TigerSoft, the Company is able to expand its business to hardware, such as clock

refined glycerine capacity mentioned above, the Company has to import crude glycerine from overseas. Therefore, the Company has strategy to use sea freight service provided by AI Logistics Company Limited