contributed 71.9% of total revenue or THB 368mn, decreased by 14.2% YoY. This was resulted from less revenue recognition from project management. Cost of sales increased by 5.7% YoY to THB 453mn mainly due to

32.6%, increased from 27.4% in 2021. The increase was mainly due to a higher increase in proportion of total revenue than total expenses. E B I T D A a n d E B I T D A M A R G I N : • The Company

of Thailand Major Development Public Company Limited (“The Company”) would like to inform total revenues 497.38 million baht and net loss 186.05 million baht in the consolidated financial statement for

operating power plants, with a total contracted capacity of 5,147 MW equity and 3 construction projects, with a total contracted capacity of 544 MW equity. 3. Report and Analysis of the Operating Results EGCO

total value of THB 8,655.8mn, a decrease of 2.4% from THB 8,869.9mn at the end of 2018. The decreases in the backlog was mainly from units transfer and revenue recognition of project the Lofts Asoke since

gross profit in Q3/2021 and 9M/2021 were THB 60 million and THB 242 million, respectively, decreased by 52% from Q3/2020 and 29% from 9M/2020, corresponding to the decrease in total sales. • Gross profit

mainly due to the recognition of depreciation on assets that are higher than assets purchased during the period. Total LiabilitiesL As of 30 Sep 2022, the total liabilities of the Company were THB 304

March 31, 2018 and March 31, 2017, the Company and its subsidiaries had a net profit of Baht 56.52 million or 17.17%. Universal Worldwide Transportation Limited holds 80% of the total number of ordinary

September 30, 2019, EGCO Group’s portfolio consists of 27 operating power plants, with a total contracted capacity of 5,315 MW equity and 3 construction projects, with a total contracted capacity of 331 MW

wholly- owned subsidiary of MACO, to acquire the remaining 42,000 shares (or 30.0%) of Multi Sign with a total investment of THB 203mn. Multi Sign’s network - On 7 March 2018, Volvo Lightening-powered