and having desserts. In addition, the increase was also due to the growth in the number of branches and the recovery of incoming tourists. R E V E N U E : • The Company’s Gross Profit in Q2/2022 and 1H

incoming tourists due to the relaxation of government measures against COVID-19, as a result more customers are eating-out and having desserts. R E V E N U E : • The Company’s Gross Profit in Q4/2022 and

from related parties and repayment from long term loan from related parties Baht 591 million. Net cash flow of the company (separate) used in financing activities Baht 2 million from the finance costs

impact from FX losses was only accounting implication and did not affect the Company’s cash flow or its operating performance. KEY HIGHLIGHTS • Total revenue and share of profit from investments in

cash flow or its operating performance. KEY HIGHLIGHTS • Total revenue and share of profit from investments in associates increased by 4.4%. However, if excluding the FX impact and one-time loss items

5.88 -13% 23.62 21.17 12% Financing cost 3.58 0.03 11583% 12.03 3.01 300% Tax (Note) 7.81 15.82 -51% 56.44 26.45 113% Net profit 70.04 58.29 20% 258.16 255.91 1% % Net profit margin 18% 16% 2% 16% 18% -2

298.47 million. In addition, the cash flow hedge reserve decreased equity in the amount of Baht 276.10 million. Management Discussion and Analysis For the 1st Quarter Ended 31 March, 2019 Page 8 4

million, increased Baht 98.04 million or 6.79%, resulting from income of business performance. The Cash flow statement as of September 30, 2020 has changed from December 31, 2019 as follows; (Unit: Million

in amount of 18.8 MB due to the Dividend payment from the Company’s profit 45.6 MB and little increase of profit from operation 64.4 MB of this year.  Cash Flow Based on the results for Q2/2019, the

during the period THB -44.2 Mn. Cash Flow Analysis Type of Cash Flow 1st Quarter 2019 2020 THB Mn THB Mn Net Cash from (used in) Operating Activities 24.3 (50.7) Net Cash from (used in) Investing