increased, resulting in increased costs and freight charges and the condition of the baht appreciation rate compared to the same period of the previous year. Gross profit The company has gross profit of

cost from higher sale volume and higher freight cost from higher sales volume in CNF incoterm. However on 2nd quarter of2018, selling expenses slightly decreased 9.22 percent from the same period of last

122.46 82.73 97.44 80.72 (25.02) (20.43) Labor costs 14.46 9.77 9.68 8.02 (4.78) (33.06) Depreciation costs 3.94 2.66 4.44 3.68 0.50 12.69 Freight expenses 0.24 0.16 0.01 0.01 (0.23) (95.83) Others 6.92

4.50 4.61 0.74 19.68 Freight expenses 0.36 0.26 0.77 0.79 0.41 113.89 Others 3.44 2.48 6.09 6.23 2.65 77.03 Total cost of sales 139.05 100.00 97.70 100.00 (41.35) (29.74) Proportion of cost of sales to

foreign. 5. Selling and administrative expenses increased by 87.06 million baht or 14.38% from 605.22 million baht in 2021 to 692.28 million baht in 2022, mainly from the sea freight costs for exporting

Court had reversed the decision of the Central Bankruptcy Court by rejecting the rehabilitation plan and canceling business rehabilitation order issued by the Central Bankruptcy Court. JAS later disclosed

for Asia Pacific and ASEAN, was the keynote speaker. Representatives from Indorama Ventures Public Company Limited and Central Pattana Public Company Limited shared their experiences in policy, goal

rectified and audited/reviewed financial statements by October 27, 2014.The Supreme Court had reversed the decision of the Central Bankruptcy Court by rejecting the rehabilitation plan and canceling business

refined glycerine capacity mentioned above, the Company has to import crude glycerine from overseas. Therefore, the Company has strategy to use sea freight service provided by AI Logistics Company Limited

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary CPN’s revenues continues to grow according to its business plan. In 1Q19, the Thai