tax expenses 281.6 6.7 205.8 6.2 (75.8) (26.9) Profit for the period 1,019.7 24.4 737.2 22.1 (282.5) (27.7) Profit for the period to Equity holders of the Company 1,019.4 24.4 737.3 22.1 (282.1) (27.7

reduced to be in line with the situation of Coronavirus disease 2019 (COVID-19) outbreak. Administrative expenses Administrative expenses were Baht 11.3 million, increasing +70.7% YoY as both actual credit

expenses -22 -29 7 -24.90% Net profit (loss) Attributable to Equity Holders 235 302 -67 -22.27% Net profit (loss) Attributable to Equity Holders Margin (%) 5.29% 6.17% -0.88% http://www.aapico.com/ http

in line with improved profitability. Interest bearing debts to equity (IBD/Equity) ratio improved to 0.7 times as at Q1 2023 from 0.8 times as at Q1 2022. 4) Thailand Automotive Industry (Unit: Cars

53.3% -28.6 -2.1% Deposits 134.5 5.3% 136.8 5.5% -2.3 -1.7% Deferred Tax Asset 28.7 1.1% 9.3 0.4% 19.4 208.6% Total Assets 2,536.50 100.0% 2,496.20 100.0% 40.3 1.6% Liabilities and Shareholder’s Equity

second quarter of the year 2019, the Company sold some TTW’s shares. As a result, the interest in the equity of TTW decreased to 18.47 percent. Following this sale, the Company reclassified the investment

211 186 25 13.4% Interest and Tax expenses 36 42 (6) -14.3% Share of profit from associate and JV 68 31 37 119.4% Net Profit attributable to equity holders 315 123 192 156.1% Total Revenues Total

15% and 14% yoy, respectively. In 2Q’18, the company’s gross margin was 28% of revenue in line with previous year. The unchanged gross margin of 2Q’18 was due to high revenue base of 2Q’17 following

(12.2) Finance Costs 4.7 6.7 (31.0) Total Expenses 398.4 477.3 (16.5) Total cost of goods sold reported at the amount of Baht 266.1 million, decreased by 17.3% compared with QoQ, which was in line with

effect from delay export sale. Moreover, the average selling price decreased from 12,151 THB/ton to 11,120 THB/ton or decreased by 8% in line with the reduction of global sugar price. Therefore the net