continue to be major challenges. However, with a relatively high level of capital and the regular setting aside of additional provisions, commercial banks can still maintain an adequate cushion for NPL in

period last year, especially in the tourism sector. However, exports and private investment – two major economic drivers – continued to slow in line with the sluggish global economy and trade volume amid

high profit margin and also from effective marketing policy. (2) Analysis of Operating Results and Profitability (2.1) Revenues from Sales and Services Description Year 2018 Year 2017 Increase

, automotive and the construction industry in which they are the customers of the company and subsidiaries. The said impact therefore has a significant impact on sales volume both in terms of sales price and

of creditors. In cost of sales due to the company had sales volume decreased in 2019 as result to the costs of goods and services decreased amount of 34.99 million Baht or decreased 11.49% compared

customer groups of the company and its subsidiaries. The impact therefore greatly affects sales both volume, as well as the sales prices and gross margins of various product groups, which have weakened due

with high number of office buildings and residencies as well as include breakfast menu such as hot drink and bakery to increase product variety in response to the shifting fast-pace consumer behavior

in number of branches. In addition, the cost per unit decreased due to the increased production volume (Economy of scale). • Gross Profit margin in Q3/2023 was 66.0%, increased from 64.6% in Q3/2022

the increase in sales revenue, as well as the decrease in cost per unit from the increased production volume (Economy of scale). • Gross Profit margin in Q1/2024 was 66.5%, increased from 63.6% in Q1

, up by THB 572 million or 81.1% on the back of the rising individual sales in each of CLMV country, particularly by the record high of monthly sales to Cambodia in March 2018 and the all-time-high