% driven by higher sales of the energy drinks especially for export markets and greater sales growth from distribution of 3rd party’s products. Note: 1/ Energy Drinks, Sport Drinks, and Functional Drinks 2

economic front and greater political issues. Therefore, 2020 will be the most difficult and unpredictable year for the Company. For MACO, we expect the Company’s performance to be negatively affected by the

greater than investment value previously recognized as loss of the Company in the consolidated financial statements for the past periods. 3. Selling and administrative expenses increased by 29.79 million

were greater than the decreased rate in revenues were 33.1%. This is because the delivered projects in Q2–2020 had higher gross margins than the delivered projects in Q2–2019. Other revenue Other revenue

–2021, many large-scale projects have been delivered with a project value greater than the additional investment in the project therefore the inventories decreased. In this regard, the large-scale

decreased. Inventories decreased by 639.0 MB, representing a decrease of 40.5%. This is because during Q3–2021, many large-scale projects have been delivered which their projects value are greater than the

increase of 174.7 MB or 10.2% and 377.4 MB or 25.0%, respectively. This is because the overall project value of Q3-2022 is greater than Q2-2022 and Q3-2021. The total operating expenses in Q3-2022 had

–2022, it found that the decrease rate in profit decreased by 41.8%, which is greater than the decrease in revenue, which equals to 7.3%. This is because in Q1–2022, there is the gain on sale of

% because the overall size of the projects delivered in the Q3-2022 are greater than those in Q3-2023 Total operating expenses in Q3- 2023 have changed in the same direction and at a similar rate with the

may be greater. As a result, the company is required to disclose information memorandum pertaining to the transaction to the Stock Exchange of Thailand, together with appointing an Independent Financial