27.45 9.27 381.48 Net Profit /(Loss) 3.50 -19.08 3.10 22.18 116.25 -0.40 -13.65 Gross Profit Margin (%) 8.86 12.30 18.73 6.43 52.24 9.86 111.31 Net Profit Margin (%) 1.74 -9.26 1.23 10.49 113.33 -0.51

. Cash flow received from operating activities decreased from the same period of last year due to the lower profit from operations. Cash flow used in investing activities was from advance payment of

: The Operating results of the company and its subsidiaries Explanation of the operating performance for the 3-month period ended March 31, 2020 as in the consolidate financial statement has net profit

profit margin decreased to 25.2% due to the lower revenue base.  Share of loss from investments in JVs and Associates was THB 22mn owing to the performance of Master Ad Public Company Limited as its

of Baht 405.62 million, a net profit of Baht 27.20 million due to the revenue from sale of leather products for car seats decreased from the number of production cars according to model received. 1.2

services of Baht 423.48 million, a net profit of Baht 26.82 million. Due to the decreased in sales of automotive leather cutting due to the number of cars models received. 1.2 The company’s income from

147.9 -1% Cost of Sales and Services (29.3) (28.7) 2% (84.3) (73.7) 14% Gross Profit 28.1 25.6 10% 62.6 74.2 -16% EBITDA 35.6 22.4 59% 55.6 59.8 -7% EBIT 31.6 18.5 71% 43.8 49.1 -11% Net Profit 28.4 19.3

profit from operating for the period by Baht 147.76 million, dividend paid by Baht 197.01 million, shares to be issued from exercise of warrants increased by Baht 62.93 million and received advance from

THB million % THB million % Sales THB million % Sales THB million % Revenue from Sales 4,346.60 100.00 3,979.59 100.00 367.01 9.22 8,312.61 100.00 7,712.69 100.00 599.92 7.78 Gross Profit 602.83 13.87

can be summarized as follows: 1) Profit & Loss Analysis : Q4 2022 (3 Months) (Unit : Million Baht unless otherwise stated) Q4 2022 Q4 2021 Change Amount % Change Total Revenues 7,878.0 5,848.9 2,029.2