. However, gross profit increased from 12.3% in Q1/2019 to 14.4% in Q1/2020. 2. Management Service (“MS”) had a increase in gross profit for Baht 6 million. Main reason was both client retention and new

and materials cost for repairing and improving the kiosks to have full efficiency. However, depreciation cost is going to decrease due to the number of kiosks are not increase as much as last year. The

, the company and its subsidiaries’ construction income was Baht 253.82 million, whereas Baht 190.56 million in 2018, showing a increase of Baht 63.26 million or representing 33.20 % increase. In 2019

of raw materials and packaging, which partly offset the increased of excise tax. Food business Food cost of sales was maintained due to improve efficiency in restaurant operation. Selling Expenses

market share in the economic slowdown. When comparing the sale volume to the same period in 2018, decreased 0.9%. The company is not able to increase the selling price in the current economic conditions

1,242.3 1,314.1 1,386.0 5.5% 11.6% 2,458.9 2,700.1 9.8% Change Sales and service income Sales and service income (included revenue from finance lease under a Power Purchase Agreement) increase 5.5% QoQ from

, increased by Baht 200 million or 28% from Q4/2017. The increase is mainly due to the rise in sales of electricity to Electricity Generating Authority of Thailand (EGAT) as the COD of both phases of IRPC Clean

) A capital increase – issuance and offering 400 million new ordinary shares to institutional investors by way of Private Placement, and b) Issuance of new debts – issuance and offering convertible

compared to Q1/2022 increase 7.4% from Baht 1,621.0 million to Baht 1,740.6 million. The increase of Baht 119.6 million, mainly derived from sales of biomass power plants which increased by Baht 42.0 million

caused more geographic diversification in revenue and increase Carabao’s brand awareness worldwide under the vision of “World Class Product, World Class Brand”. Apart from overseas sales under the