baht and 5.29 million baht respectively. This year there was an expansion in Sales’ department’s headcounts and the Company also held campaign for Customers visiting factory to promote Company’s products

% (y-y) in the first quarter. The main supporting factors were the return-to-expansion of export goods and private investment. On the other hand, the third wave of the COVID-19 pandemic continues to

the Group continuing expansion and new project development. Finance costs Q1-2021 Q1-2022 THB Mn THB Mn THB Mn % Finance costs 34.1 34.5 0.4 1.2% Change Finance costs for Q1/2022 compared to Q1/2021

in the process. Major projects in progress such as the Project of the development for train tracking system and cargo management of the State Railway of Thailand, the GDCC Service Expansion (VM

adequate working capital for future developments in accordance to the Company’s expansion plan and stronger financial position with higher liquidity as well as lower interest payment. 8. The opinion of the

supporting factors were the return-to-expansion of export goods and private final consumption expenditure. In addition, the relaxation of the COVID-19 restrictions resulting in the number of foreign tourist

private consumption and investment. However, economic expansion remains at risk due to higher cost of living, the rising of household debts amid an upward trend of interest rates, the increasing of interest

project values than the previous quarter. This was partly due to the expansion of government investment expenditures regarding the distribution of transportation agencies. Many IT projects have been

economy, politics, and governmental policies relating renewable energy through expansion of investment to Japan. 2. The Company does not have any policy to make a significant change in its major business

Company in generating revenues in Thailand, which may be affected by uncertainties in economy, politics, and governmental policies relating renewable energy through expansion of investment to Japan. 2. The