growth. However, China operations decreased slightly by 4.8% due to the rapid spread of Covid-19 after the relaxation of China’s zero Covid policy during December which resulted in a decrease in automobile
consist of THB 3,022 million as the cost of construction, show equipment, theme park design and decoration, service fee for specialist and interest expense, while the remaining THB 548 million accounts for
period last year but slightly dropped 5.2% from last quarter due to electric vehicle business slowdown and telecommunication technology life cycle impact . Gross profit of this quarter amounted to Baht
% from those of the same period last year due to the strong customer demand outlook in Industrial Tools, Cloud Storage, Data Center and Networking power supplies along with Electric Vehicle Solutions
range. 2) Car Dealerships Business; Higher sales in dealership business both in Thailand and Malaysia. In Thailand, sales growth was driven by openings of Mazda and MG showroom in Thailand in October 2021
Management Discussion and Analysis for the year 2023 2 Thailand car production decreased by 12.3% in Q4 2023. The decrease in revenue was due to the following reasons: 1) Automotive Parts Business; Lower
higher value product range are the main driver for higher revenue. We report growth in all our key markets; Thailand, Portugal and China grew 3.6%, 7.1% and 12.7% year-on-year respectively. 2) Car
impacted the European car production volume. European car production reduced from 21.2 million cars in 2019 to 15.7 million cars in 2021. Dealership business in both Thailand and Malaysia slightly improved
for its machine expansion and back office management.) The Company expects to operate the electric motorcycle charging and battery replacement service stations and electric vehicle charging stations in