negative and gross profit margin for the full year 2020 was thus at low level. Selling and administrative expenses increased from Baht 1,332.70 million in 2020 to Baht 1,539.91 million in 2021. This is in
finance cost for our Portugal operations. However, our net finance cost reduce to Baht 76.7 million, compared to Baht 88.4 million in Q1 2023 in line with our net interest bearing debt level. Net profit
and continuously decreasing in selling price from 4th quarter of 2018 affect revenue from sales slightly increase in comparison to increasing in sales quantities. Even though selling price in 3nd
margin was 2.92%, decreased from the same period of last year at 6.31%, mainly caused by reduction in gross profit margin while selling and administrative expenses in proportional to sale increase, even
from last year. Revenue from sales decreased 1.66 percent due to the effect of Thai Baht appreciation and sale price declining, even though sale volume and proportion of sale in CNF incoterm increased
of last year. Revenue from sales of first half on 2018 decreased 0.25 percent due to the effect of Thai Baht appreciation even though sale volume and sale in CNF incoterm increased from first half on
percent from the same period of last year. Revenue from sales of nine-month on 2018 slightly increased 3.54 percent due to the effect of Thai Baht appreciation even though sale volume and sale in CNF
launch sales promotion for keeping the sales volume even though it affects to the sales value. Another factor is the effect of the exchange rate which results to our decreasing in sales value after turning
entering Thailand, especially as a tourist city, even more advantageous than other locations as a result. The amount of room transfers increased from the same period last year. 2. The total expenses amounted
concerned about the health and safety of all attendees and staff. Therefore, even with our stringent precautionary measures, it may not be sufficient to reduce the risks of spreading if we continue with the