rendering of services, decreased percentage of selling and distribution expenses to operating revenue, and tax benefits from the Board of Investment of Thailand (BOI).  Operating revenue continued to show

159.4 5.6% 192.4 6.4% 20.9% Revenue from Food Delivery & Catering 13.5 0.5% 101.6 3.4% 656.3% Revenue from Retail Merchandise 7.2 0.2% 28.3 0.9% 293.1% Total Revenue from Sales of Food and Beverages

dessert café which has a higher gross profit margin than sales from takeaways or purchasing through food delivery services. In addition, the Company has increased the price of some products since March 2022

in gross profit was mainly due to increase in the proportion of sales from dessert café (Dine-in) which has a higher gross profit margin than sales from takeaways or purchasing through food delivery

or purchasing through food delivery services. G R O S S P R O F I T a n d G R O S S P R O F I T M A R G I N : • The Company’s EBITDA in Q4/2022 and 2022 were THB 83 million and THB 306 million

the temporary closure of some branches in areas and the higher proportion of take-home products and orders via food delivery services, which have lower margins due to higher packaging costs. In addition

shop at After You Market Place through food delivery service providers. Currently, the Company has already started to operate at 4 After You Dessert Café including Siam Square One branch, Central World

decreased by 59.52 million Baht or 17.53% from postpone delivery to the quarter 4/2017 resulting from postponing delivery of goods to the 4th quarter. 1.2. Incomes from the water management business increased

% 12.2% +4.4% YoY -4.6% QoQ +20.9% YoY *Administrative expenses are back office expenses, e.g., employee expenses, delivery costs, depreciation, etc. 2019 vs 2018 (YoY) • Selling and distribution expenses

manufacture and distribution of High Density Polyethylene (HDPE) pipe and related certain fittings, Low Density Polyethylene (LDPE) pipe, Polypropylene (PP) pipe, Polybutylene (PB) pipe, Weholite Spiro pipe