million (+5.76%). In 9M2023, cost of sales and services amounted to THB 9,454.98 million, decreased by THB 884.02 million YoY (-8.55%), in line with the decrease in revenue from sales and services. For the

costs as our fuel expenses have increased in recent months in line with the general trends on the solid fuel market. The operational efficiency improvement projects will along with fixed cost discipline

and equivalent to the gross margin of -48.36 % and 0.38 %, respectively. This was in line with the additional adjustment to the estimated construction cost since the forecasted estimation was lower than

from the total usage amount that increased in line with the increasing number of kiosks and new services but decreasing 2.8% QoQ, due to the kiosks relocation scheme and the impact of seasonal factor. 2

SEPTEMBER 2018 3. Financial highlights (based on Thai FRS) Q3 2018 Financial Position Summary as of 30 September 2018 compared to Q3 2017: YTD 2018 Financial Position Summary as of 30 September 2018 compared

Page 1 from 5 Management Discussion and Analysis Performance for Quarter 3/2020 WICE Logistics Public Company Limited Performance Unit : million baht Statement of financial position Q3/2020 Q3/2019

. Sales of natural gas power plant increased by Baht 246.3 million from increase in unit rate which is adjusted in line with the increase in average natural gas price. 3 Cost of sales and service Cost of

THB 1.09 million or -11.28% YoY. In 9M2022, administrative expenses were THB 25.84 million, decreased by THB 4.28 million or -14.21% YoY mainly due to lower credit losses in line with the decrease in

selling expenses increased by Baht 1.6 million which is in line with the increase in sales revenue. Financial Cost In three-month period ended 2018 and 2019, the finance cost of the Company was Baht 5

SAAM Energy Development Public Company Limited (the “Company”) would like to provide explanation and analysis regarding financial performance and position for the year ended 31 December 2019 as follows