% in the first quarter of 2023 (%YoY) as a result of a slowdown in private investment and exports as well as a decline in public investment and government spending due to the delay in the new government

expertise engineering team that can support completed solution including all after sales service activities. The group of customers are both of government unit and private companies. Main projects agreed and

being the continuous recovery of the tourism sector, the private consumption and the private investment, while the headline inflation rate averaged of only 0.5%. The unemployment rate in 3Q/2023 was

the continuous recovery of the tourism sector, the private consumption and the private investment, while the headline inflation rate averaged of only 1.2%. The unemployment rate in 4Q/2023 was slightly

38.79 2.81 7.24% Administrative expenses 40.40 36.16 4.25 11.74% Financial costs 26.48 23.42 3.06 13.07% Income tax expense 3.96 3.81 0.15 3.88% Total cost of goods sold and expenses 360.43 341.40 19.03

thoroughly affected, and this negatively impacts private consumption, along with exacerbated financial vulnerability among households and businesses, which will require assistance and time to recover. The

Development) million baht 7,378 6,976 7,319 Operating expenses (include Research and Development) to sales (%) 13.90% 14.17% 15.61% profit marginOperating (%) 8.94% 11.32% 10.87% Other income to total revenues

quarter expanded by 4.8%, higher than 3.9% growth in the previous quarter, according to data from Bank of Thailand and NESDB. This was mainly from acceleration of private consumption, government consumption

shares and warrants of U City via private placement and a rights offering and (iii) the disposal of certain non-core assets 22 January 2018: The Company completed the private placement of 26,384mn

domestic tourists and earnings of Thai labor have declined while unemployment rate has been increasing. In addition, whilst private consumption shows some growth but limits in some areas; therefore