representing approximately 3% of core service revenue, should continue to grow double-digit from CCII (Cloud, cyber security, IOT, IT solution) following digitalization trend. • Cost management to support EBITDA
with Diamond Brand”, as well as effective cost management having maintained good gross profit margin and increased net profit in 2020. (2) Analysis of Operating Results and Profitability (2.1) Revenues
revenue for the same period of last year. The positive impact is a result of more projects awarded in 2017 leading to more negotiation power and efficient cost management. 1. Business Performance Analysis
effectiveness in cost management and the adjustment of accounting method to deduct rental discount from selling expenses. • The Company reported net loss in Q2/2021 and net profit in 1H/2021 of THB -7 million and
the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. The raw material reference
quarter of 2020. Thus it will become more challenging for the global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is
industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. The
Performance Management Discussion & Analysis Q1/2023 Executive Summary 15 34 Q1/22 Q1/23 7.5% 12.7% 5. Net Profit and Net Profit Margin: YoY Q1/2022 vs Q1/2023 127% 6 6. Financial Cost: Financial cost arises
beneficial to the shareholders. 3. Entering into Business Assistant Agreement with AM: IFA is of view that having considered the overview and reducing estimated cost in comparison to management fee payable to
steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business