์http://www.icns.co.th 1.3 Net Profit From the business performance as aforementioned, the Company therefore reports its net profit for the first half of 2016 and 2017 at 5.65 million THB and 23.63

Company x The acquired proportion x 100 NTA of the Company = (380.20 x 84.50%) = 321.27 x 100 2,205.28 = 14.57% 3.2.2 Net Profit from Core business after tax Transaction size = Net profit from the acquiring

Company was possible to generate profit from this business unit since there were Made to Order. But the storage of CPO is not separatable, hence the cost of sales was fluctuated according to the raw

Tangible Assets (NTA) = (Sum of percentage of shares to be acquired x Net value of the asset of the Seller) x 100 / Net asset value of the Buyer 2. Net Profit after deductions by the ordinary business

deductions by the ordinary business operation and tax = (Sum of percentage of shares to be acquired x Net profit after deduction of tax of the Seller) x 100 / Net profit after deduction of tax of the Buyer 3

to generate profit from this business unit since there were Made to Order that the Company can control margin and CPO’s price fluctuation. 1.3 In the 1st quarter of 2019, the By-products’ ratio of cost

Calculation Formula 2. Net Profit after deductions by the ordinary business operation and tax = (Sum of percentage of shares to be acquired x Net profit after deduction of tax of the selling company) x 100

high at 114.02 KBD. Marketing Business was able to increase market share and maintain its 2nd position in the market. Power Plant Business realized additional profit from Solar and Wind Power Plants. As

13.0% in Q4 2022 to 11.5% in Q4 2023 due to lower production volume of automotive parts manufacturing business. However, Gross profit margin was within our target Gross profit margin of 10-12% Selling

lending business increased. The Company‘s gross profit margin surged up in 2017 by stood at 20.5% or increase 2.1% from the previous year. This was because the Company received higher revenues in lending