is the Company’s connected party, to own and have the absolute controlling power in the project SHAA Asoke; 2) investment in ONE CITY CENTRE (“OCC”) – grade A office building development project for a

addition, the cost per unit decreased due to the increased production volume (Economy of scale). • Gross Profit margin in Q4/2023 was 65.0%, increased from 62.9% in Q4/2022, and Gross Profit margin in 2023

economic situation which has caused some customers had reduced production and the customer has zero landfill policy. Cost of goods for year 2019 was 71.15% of revenue when compared with same period last year

purchasing power. However, from Sep-21 onward, restrictions were gradually lifted, resulting in some improvement in consumer spending. Meanwhile, competition in mobile industry remained elevated as operators

pressure during the low season and flood impact, temporarily boosting purchasing power and alleviating some local concerns. The mobile industry maintained positive sentiment despite the low season, along

income - 0.0% - 0.0% 0.0% Advertising income 13 0.6% 12 0.4% -7.7% Total revenue from core business (4 items) 2,245 100.0% 3,105 100.0% 38.3% Cost of services (1,674) -74.6% (2,373) -76.4% 41.8% Gross

that bolstered purchasing power. Government expenditure also plays important role in sustaining the economy with fixed expenses continuing to expand in comparison to the same period last year, especially

Change Amount % Change Total Revenues 7,792 7,550 242 3.2% Sales and service income 7,624 7,300 324 4.4% Gains on Exchange rate 69 175 -106 -60.3% Other Income 99 75 24 30.8% Cost of Sales and Services

9M2023 Inc.(Dec.) % Inc.(Dec.) Services income 72.11 91.59 19.48 27.02% 262.20 218.46 (43.74) -16.68% Cost of rendering of services (51.49) (67.57) (16.09) 31.24% (185.16) (168.09) 17.07 -9.22% Gross

to reduce fixed cost from rental expenses and administrative expenses started since the 2nd quarter of the year 2019. For the 1st quarter of the year 2020, the Company had both of Revenue from sale