to be a tough year for KCE. The Company experienced a number of challenges, such as the slowdown in the world automotive market that caused a delayed startup of new projects in the current year

are partly from the expedited disbursement at the end of the year. In fact, the government expenditure plays a key role to support the recovery of the Thai economy during the COVID–19 outbreak. In Q3

in the country in April. This significantly limited distribution channels for the Company’s customers and they delayed their purchase orders of the Company’s products. Consequently, domestic sales fell

bonus due to the unforeseen circumstances that might happen in the future. There was also financial support policy from Social Security Board for COVID-19 by reduced 5% employer’s monthly contribution to

government expenses. The government expenses play a key role to support the Thai economy in 2020 and earmarked to better help the economy in the next phase. It is expected that the government will accelerate

costs to support the expansion of the team according to the number and scope of services that have increased. The mentioned additional services have been made available since June 2023 and clearly began

previous year, as a consequence of the performance of Advance Power Conversion Company (APCON) performance whose projects had been delayed from the plan resulted in net loss in 2018. Earnings before tax (EBT

85.76% from Q1 year 2017. The reason was the delay on the shipment to customers in the first two months of year 2018. The main raw materials’ crop, which is sweet corn, was delayed due to the weather. The

delayed orders from one major customer in this quarter, but the repeated order will be placed in the next quarter. 2. The company’s consolidated net loss for the period (Q.1) amount -11.20 Million Baht

consisting of Interest expense from bank creditors amount of 23.42 million baht, interest on short-term loans amount of 1.63 million baht, interest of debentures amount of 21.74 million baht, delayed interest