gross margin from 13.59% in 2018 to 4.19% in the year 2019, which has a major cause from the loss of the construction business, 94.23 million baht. However, the company has gross profit from sales of

11.98 0.28 2.35 8.99 300.90 Net Profit /(Loss) 1.86 3.10 13.76 10.66 343.87 11.90 640.98 Gross Profit Margin (%) 8.66 18.73 20.08 1.35 7.23 11.42 131.99 Net Profit Margin (%) 0.87 1.23 5.07 3.83 310.58

profit of 459.69 million baht, 397.92 million baht and 378.71 million baht in year 2016, 2017 and 2018 respectively. Gross profit margin is 29.67%, 24.95% and 21.98% for year 2016, 2017 and 2018

the first quarter of 2023 for the amounting to Baht 17.4 million. 4 Gross Profit and Gross Profit Margin Q1-2022 Q1-2023 THB Mn THB Mn THB Mn % Biomass Power Plant 263.2 243.7 (19.5) (7.4%) Natural Gas

international business from Master Ad Public Company Limited as a result of the coronavirus pandemic.  Recorded net profit of THB 12mn with a net profit margin 1.7%. KEY BUSINESS AND STRATEGIC UPDATES 1

530.05 million baht, 679.75 million baht and 478.04 million baht in year 2020, 2021, and 2022 respectively. Gross profit margin is 26.76%, 29.81% and 22.60% for year 2020, 2021, and 2022 respectively. The

to 4.74% in 2019. The increase of gross profit margin was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of

revenues which increased from 95.26% in year 2019, and the gross margin decreased from 4.74% in 2019 to 4.06% in 2020. The decrease of gross profit margin was mainly due to differences in product mix and the

115.59 170.45 (54.86) -32% Gross profit margin 9.37% 15.33% Other income 1.12 4.77 (3.64) -76% Selling expenses 2.97 2.66 0.31 12% Administrative expenses 86.79 80.76 6.03 7% Allowance for doubtful

) decreased from 1.98% to 1.46% and the return on equity (ROE) decreased from 2.53% to 1.88% and earnings per share (EPS) decreased from 1.26 Baht/share to 0.95 Baht/share. Gross Profit Margin decreased from