increased in construction service income. However, net profit margin for Q3’19 was 2.95%, no significant change from the same period of 2018. Statement of Financial Position Unit: Million Baht 30 September

–2024, it found that those increased at a rate less than the increase rate in revenue. This is because, the gross profit margin of the delivered projects in Q3–2024 are higher than other quarters. In

1: Overall Financial Performance Unit: mb Q1 18 % Q1 19 % Change % YoY Revenue 131.45 100.0% 132.54 100.0% 1.09 0.8% Cost 75.00 57.1% 73.41 55.4% (1.59) (2.1%) Gross Profit 56.45 42.9% 59.13 44.6

of reasons including consolidating the result of TigerSoft, an increase in revenue and other income but partially offset by higher cost of services and SG&A. Overall, the net profit margin improved

decrease on gross profit margin in Q2-2023. -2- Operating Results and Capabilities to Make Profit Performance from revenues, costs and expenses which has significant impact on Q2–2023, can be shown in the

energy projects. In 2019, SAAM Group’s gross profit amounted to THB 52.78 million, representing gross profit margin of 73.50%, a THB 1.85 million or 3.62% increase from the previous year (in 2018: THB

differences on translation 0.03 0.04 -5.98% (0.50) 0.18 -383.97% (92.37) (91.12) 1.36% (570.13) (160.91) 254.33% (91.10) (69.47) 31.13% (558.09) (130.49) 327.68% Gross Profit Margin -13.76% 6.02% -19.79% -32.90

889m with the gross margin being 11% in 2019 down 3 percentage points from 14% in 2018, due to lower sales revenue and stronger THB/USD exchange rate. Operating Profit Analysis The Operating profit

Profit / Cost of Sales Analysis and Sales and Administration Analysis Gross Profit increased by THB 339 million with the gross margin being 15% in 2017 up 1 percentage point from 14% in 2016, due to higher

rate in revenue which was 10. 8% , due to the decrease in gross profit margin of delivered projects in Q2–2024. While in Q2-2024 the changes rate in net profit compared to Q2-2024 was 12.8%. It was