) higher finance costs due to investments in machinery, and joint ventures in Thailand and overseas; and 4) non-cash, one-time expenses recognized from selling unused old machines. Thai Financial Reporting
reduction. However, outstanding loss remained due to 1) sales shrinkage; 2) higher cost as a result of higher depreciation from investments in machinery; 3) higher financial costs from investments; and 4) one
to the year of 1,586 Million Baht. This was due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of USD $700K from Japan perpetual license deal
by full quarter TTTBB’s revenue recognition, offset by lack of large deal closed in 4Q23. SIM & Device sales reported Bt10,490mn,a 5.7% YoY increase, benefited from government tax incentive campaign
of risk from carrying successive losses of overall performance of Power Plant business caused by less productive machinery along with cutting down provision of financial support for Power Plant
selling expenses from multiple new products launch; and higher finance costs due to higher borrowings as a result of previous investments in machinery, subsidiaries, and joint ventures. If considering
13486, including relevant licenses 6,336 square meters 3 76 items of machinery and equipment for the manufacturing business, including relevant licenses - This is to improve the financial position and
the transaction, Modern Company must adjust its business structure by buying out land and factory buildings as well as adjust all existing assets and liabilities of the company except tools, machinery
installation of tools and machinery, hold 47.50% of paid-up capital with initial investment of 1.42 Million Baht - Repair and maintenance of tools and machinery, hold 47.50% of paid-up capital with initial
machinery along with cutting down provision of financial support for Power Plant business. Consequently, the aforementioned disposition of 3 subsidiaries engaging in Power Plant Business, Auditor is of the