holders’ amount of 39.99 million Baht . The share of losses from associates was 6.98 million Baht, increase of 0.65 million Baht from the same period last year, representing 10.27% and income (expenses

the aforementioned cause. Also this year, the Board of Directors decided to close a subsidiary in Vietnam and to cease operations of a subsidiary in China in order to halt any long-term losses that may

8.50 million the Group has applied a simplified approach to determine the lifetime expected credit losses for trade account receivable and Reversal of doubtful debts in the amount of 0 .61 million baht

managed the customer credit during Covid- 19, including monitoring and collecting accounts receivable, resulted in the decrease in allowance for expected credit losses. 3 Management Discussion and Analysis

holder of the parent amount of 522.86 million Baht, which was attributable to non - controlling interests equity holders’ amount of 109.49 million Baht . The share of losses from associates was 5.70

profit (loss) on investment in associated company (33.08) 73.73 (106.81) (144.87) - Operating 89.07 37.76 51.31 135.89 - Profits (losses) from foreign exchange (122.16) 35.97 (158.12) (439.65) Financial

%) (175.92) (16.00%) (47.46) (26.98%) Administrative Expense (129.29) (15.98%) (146.81) (13.35%) (17.52) (11.93%) Reversal of (expected credit losses) (2.58) (0.32%) 0.00 - 2.58 100.00% Other Expenses (19.86

make those suitable for actual usage conditions Impairment loss on financial assets increased by 557.8%. This is because in 2022, additional the allowance for expected credit losses from receivables was

trading accounts, during 12 December 2018 and 25 February 2019, in a different manner from their normal practice, and had avoided losses from a decline in TRC share prices before its 2018 net loss operating

returns of Eastern Cuisine may not meet the expectation as Eastern Cuisine had suffered losses for the past three years.  As a result, the period of return for EIC may be more than 20 years.In addition