and Y-o-Y due to the effect of a change in foreign currency exchange rate and an increase in the cost of goods sold. The higher cost of goods sold was due to a decrease in production capacity

% Change Production 504,458 516,879 -2.40% 1,065,945 1,056,569 0.89% Domestic 260,221 252,025 3.25% 523,770 489,118 7.08% Export 260,020 266,730 -2.52% 559,861 561,960 -0.37% Total vehicle production volume

equipment leasing, agent-representative, design and production for advertising media production, management and operation of events and exhibitions and advertisement production and public relation. Existing

increase in sales volume by 12% Q-o-Q and 8% Y-o-Y (Table 5), particularly of special grade products, and a ramping up of production from sales contracts won in previous years. Nevertheless, sales revenue

) Revenue structure + (-)2018 3 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major

AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major customer from 2019 to mid of 2020 due to eminent domain

) ratio improved to 0.8 times as at Q1 2022; improved from 1.1 times in Q1 2021. 4) Thailand Automotive Industry (Unit: Cars) Quarter 1 Change 2022 2021 Unit %Change Production 480,078 465,833 14,245 3.1

on page 6). At the end of Mar-17, the new NBTC Act was approved by the National Legislative Assembly and is expected to be officially published on the Royal Gazette in due course. In addition, AIS has

of operations of the Group The Group has principally engage in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water treatment system

summary as follows:- 1. Nature of operations of the Group The Group has principally engage in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water