operating result – Relative to last year quarter’s, Loss Ratio had dropped by 8.64% (From 67.87% to 59.23%). Underwriting had been more selective. Sales associated with high risk clients had been monitored

Cost 0.21 0.20 0.23 0.25 -0.02 -8.70 Profit (loss) before income tax expenses -13.36 -12.57 -15.88 -17.54 2.52 -15.87 Income tax (expense) revenue -1.52 -1.43 0.46 0.51 -1.98 -430.43 Net profit (loss

%) (28.76) (7.27%) 2.79 9.70% Total Cost (163.40) (59.43%) (223.87) (56.62%) (60.47) 27.01% Gross Profit 111.54 40.57% 171.55 43.39% 60.01 34.98% Selling Expense (54.32) (19.76%) (54.80) (13.86%) (0.48) (0.88

(496.32) (61.33%) (645.04) (58.67%) (148.72) (23.06%) Gross Profit 282.35 34.89% 418.34 38.05% (135.99) (32.51%) Other Revenue 30.53 3.77% 36.08 3.28% (5.55) (15.38%) Selling Expense (128.46) (15.87

Finance costs (78,634) (59,844) (18,790) 31.4 Profit before income tax expense 30,314,909 20,548,312 9,766,597 47.5 Income tax expense (3,752,113) (4,003,551) 251,438 (6.3) Profit for the period 26,562,796

many areas and debt amount remained in high level. Confident index of consumer continuously decreased. Therefore, it affected the expense atmosphere to be sluggish. Cost of goods sold was 138.13 million

income tax because high proportion of the increase in profit before income tax expense was derived from subsidiaries’ promoted operations, which were exempt from corporate income tax. Profit for the year

In 1Q2022, income tax expense was THB 3.75 million, decreased by -0.03% YoY because high pro- portion of the decrease in profit before income tax expense was the profit from subsidiaries’ promoted

-13.36 -14.29 8.20 -61.38 -9.13 -63.89 -18.52 -30.16 11.64 -38.59 Income tax (expense) revenue -0.30 -1.52 -1.56 1.22 -80.26 1.26 -80.77 -1.82 -1.10 -0.72 65.45 Net profit (loss) -5.46 -14.88 -15.85 9.42

deliveries postponement to some Government projects to 2020. Furthermore, the significant flooding of Chinese goods amid the ongoing US-CHINA trade disputes has sent the market into high competition and