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

stated otherwise) 1Q19 4Q18 1Q18 1Q19 YoY LTM 1Q19 LTM 1Q18 LTM YoY Production Volume (kt) 2,966 2,818 2,325 28% 11,060 9,240 20% Consolidated Revenue1,2 3,030 2,788 2,414 26% 11,357 8,811 29% Core

(except where stated otherwise) 1Q19 4Q18 1Q18 1Q19 YoY LTM 1Q19 LTM 1Q18 LTM YoY Production Volume (kt) 2,966 2,818 2,325 28% 11,060 9,240 20% Consolidated Revenue1,2 3,030 2,788 2,414 26% 11,357 8,811 29

decrease in gross profit margin was due to the depreciation of the U.S. dollar currency and an increase of the fixed cost per unit of products produced at Laem Chabang factory while the production decreased

, TV, online radio, meeting and seminar organization and production of documentary/hot news 27 To carry on the business of providing contracting work, planning, marketing and publicizing for goods

production in 2017. The Company has crushed cane in 2017, 6.83 million tons compare to 7.61 million tons in 2016 or 10% less. As a result, Thailand sugar business had higher cane cost and higher sugar

stability of VCM production, and more balance of ECH market. Analysis of Cost and Expenses 1. In Q1 2018, Cost of sales was 4,159 MTHB, increased by 485 MTHB comparing to 2017 or 13.2% due to the increase of

or 26.98 per cent compared with 2016, the result from an increase of income from film production. 2. For the Consolidated Financial Statement, Cost of service and commission amount of THB 98.67 million

Administrative expenses. In Q2/2017 the Company recorded only the Baht 0.27 million temporary shutdown expenses in a part of Administrative expenses. In Q2/2017, after moving the production equipment to

. In Q3/2017 the Company recorded only the Baht 0.26 million temporary shutdown expenses in a part of Administrative expenses. After moving the production equipment to Prachinburi plant and utilizing the