million, respectively, as biomass power plants and municipal solid waste power plants had planned-shutdown hours in the second quarter of 2022 lower than the first quarter of 2022 which result in the
COVID-19 epidemic. • Administrative Expenses to Total Revenue in Q2/2022 was 15.4%, improved from 23.2% in Q2/2021 mainly due to the increase in administrative at a lower proportion than the increase in
output. The decrease in revenue of China operation was lower than China average industry growth which decreased by 5.8%. 2) Car Dealerships Business; Higher sales in dealership business both in Thailand
which received lower discount after the recovery of COVID- 19 situation. • Selling Expenses to Total Revenue in Q1/2023 was 30.9%, which was relatively similar to 30.8% of Q1/2022. 34% 5 4. Administrative
products returned to normal which led to dumping of VGA at significantly lower price, resulting in the Company recognized loss from the write-down of inventories to net realizable value. 4 I 9 In 2022, gross
rate of the country has a better outlook, it is lower than the situation prior to the Covid-19 pandemic, especially the government investment and consumption, although it has a better outlook since the
Stock Exchange at a lower price than the lowest selling price of such securities on the Stock Exchange on that day; (2) selling through a big lot; or (3) transferring the securities and derivatives to
issuance of newly issued ordinary shares are appropriate and reasonable as the Company’s finance cost will be lower due to the redemption of debentures. In addition, the capital increase will lead to more
lower than the par value of ordinary shares of the Company, therefore the Company is required to obtain an approval for the shareholders’ meeting, pursuant to Section 52 of the Public Limited Company B.E
. 72/2558, Re: Approval of Offering for Sale of Newly-Issued Shares by Listed Companies to Specific Persons, which is the subscription price that is not lower than the market price of the Company’s share