clients in energy and banking segments. Revenue from Software Subscription and the Grant of License from Oracle For the first 9 months of 2020, revenue from subscription fees and one-time license from

the main contractor rather than owner. Due to the construction projects in the Petrochemical and Energy Group are large projects and project valuation have exceeding than Baht 10,000 Million. As a

50.9 61.1 (10.2) Solar Energy Power Plants 55.9 50.0 5.9 %Gross Profit by Segment 33.4 35.3 (1.9) Change Gross Profit for Q1/2021 compared to Q1/2020 increased by 2.7% from Baht 427.9 million to Baht

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 31 March 2022 of the Company and the subsidiaries (“the

1 No. ACE-ACC-2/2023 12 May 2023 Subject Management Discussion and Analysis for the period ended 31 March 2023 To President The Stock Exchange of Thailand Absolute Clean Energy Public Company Limited

last year. The reduction was mainly in the pick-up truck segment caused by limited availability of retail financings for car buyers due to financial institutions’ tightening lending practice especially

20.0 23.4 3.4 Municipal Solid Waste Power Plant 57.8 34.1 (23.7) Solar Energy Power Plant 60.0 62.5 2.5 Gross Profit Margin by Segment 26.8 23.8 (3.0) Gross profit for Q1/2024 compared to Q1/2023

with brands and ran promotional activities on marketplaces like Shopee and Lazada in campaigns such as Double Date, Mid-Month, and Pay Day. Revenue from the smartphone segment has increased for both

mid  to  high‐e dling packages o to  serve  grow ice.  Following  t ket and com ompetitive  land stpaid  segment arly Apr‐17, un ity of data expe here are some h broadband ma customers towa mained

vehicle segment expanded by 13.0% and 12.9% yoy respectively with growth stemming from the increase in consumer confidence from the improvement in both farm income and non-farm income. In the equity market