months of THB 83 million, corresponding to the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16), while trade and other payables decreased by THB 18 million and income tax payable

of its trade accounts payable. - 7 - Unbilled Payables increased by 116.9 MB, representing an increase of 16.4% due to the delivery of projects in Q4–2020, those were the large projects but has not

Liability increased by THB 63 million as a result of the recognition of lease liabilities due within 12 months of THB 86 million, corresponding to the adoption of TFRS 16, while income tax payable decreased

in accrued income tax and other current liabilities despite the lower trade account payable. • Non-current Liabilities decreased by THB 16 million mainly due to repayment of the lease liabilities due

prices and the inventories optimization at minimum resulting the decrease in the amount of trade accounts payable. Shareholders’ equity As of December 31, 2022, the Company and subsidiaries had total

million, decreased by THB 21 million or 6.5% from 31 December 2021. The decrease was mainly due to: • Current Liabilities increased by THB 10 million mainly due to the increase in income tax payable. • Non

(decrease) of liabilities was mainly due to: • Current Liabilities increased by THB 31 million mainly due to an increase in accrued bonus and income tax payable. • Non-current Liabilities decreased by THB 32

sale and also increase of investments in associates and right of uses. Total liabilities also increased by Baht 1,631.8 million, largely attributable to increase of trade account payable. Total

was mainly due to: • Current Liabilities: decreased by THB 19 million mainly due to the payment of accrued bonus and account payable. • Non-current Liabilities decreased by THB 6 million mainly due to

account payable and bank loan. Total shareholders’ equity increased by Baht 777.1 million driven by increase of profit during the period. 4) Key Financial Performance Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023