satisfactory, the company has set a target to expand at least 100 branches by 2021 in order to meet the rising demand and foster brand recognition. The Company will emphasize on expanding the branches in areas

effectiveness in cost management and the adjustment of accounting method to deduct rental discount from selling expenses. • The Company reported net loss in Q2/2021 and net profit in 1H/2021 of THB -7 million and

905.0 3.6% Net gain (loss) on exchange rate (58.6) 55.1 30.9 (43.9%) N.A. (>100) 53.6 86.0 60.4% Gain (loss) on forward contracts (50.8) 11.2 4.5 (59.8%) N.A. (>100) (1.3) 15.7 N.A. (>100) Other income

profit 463.1 465.6 496.5 6.6% 7.2% 1,337.0 1,401.5 4.8% Net gain on exchange rate 37.6 30.9 83.6 170.6% 122.3% 91.2 169.6 86.0% Gain on forward contracts 8.4 4.5 6.0 33.3% (28.6%) 7.1 21.7 205.6% Gain from

) - (870.5) N.A.(

the Thai economy driven by the relaxation of controls and lower concerns on COVID-19 situation which brought in foreign tourists and increased business activities. Overall, AIS reported core service

factor is the adjustment in the blending biodiesel mandatory from B7 to B5 by the ERC’s resolution on February 2022 to mitigate the impact of rising diesel prices for consumers, as the aforementioned

were THB 159 million and THB 426 million, respectively, increased by 165% from Q3/2021 and 76% from 9M/2021, corresponding to the increase in sales and the adjustment of certain menu’s selling price

began to improve, especially in the end 2022, resulting in more employees are working at the office. In addition, sales staff made more appointments to meet customers and began to organize more on- site

Margin (%) 13.0% 10.0% 2.9% SG&A expenses 406.0 438.5 -32.5 -7.4% Loss on exchange rate 237.0 31.0 206.0 664.8% EBIT before share of profit (loss) from investment in associates and joint venture 452.7