factor is the adjustment in the blending biodiesel mandatory from B7 to B5 by the ERC’s resolution on February 2022 to mitigate the impact of rising diesel prices for consumers, as the aforementioned
were THB 159 million and THB 426 million, respectively, increased by 165% from Q3/2021 and 76% from 9M/2021, corresponding to the increase in sales and the adjustment of certain menu’s selling price
MB, representing an increase of 33.6% mainly due to the recording of deferred tax assets from allowance for expected credit losses of accounts receivable and the fair value adjustment through profit or
) Price adjustment of Portugal operation started to reflect since Q3 2022 onward 3) New model launch and adding of new brands to our dealership portfolio. Selling and administrative expenses decreased by
profit amounted to THB 1,229.18 million, decreased by THB 161.97 million (-11.64%). The decrease was a result of the adjustment in selling prices of IT products, which were returned to normal. Meanwhile
% from Q2/2023 due to the increase in head office employee expenses from the annual salary adjustment and the increase in number of employees, as well as the increase in other operating expenses according
, with the decrease primarily occurring in Q1. However, sales improved in Q2 and Q3 as economic conditions strengthened. Franchise sales also showed improvement, supported by a strategic adjustment to
The opinions of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 1 Table of Contents Page Executive Summary 5 Secion 1 Request for approval to sell
percent of the total issued shares of NPSI, which is the maximum shareholding percentage allowed under the laws of the Philippines. The shares acquisition transaction was subject to the approval from the
shareholding percentage allowed under the laws of the Philippines. The shares acquisition transaction was subject to the approval from the meeting of the shareholders and upon certain conditions precedent under