% 215 -32% 361 730 -51% Adjusted EBITDA Margin (%) 4.4% 6.8% -2.4% 7.6% -3.2% 5.9% 8.2% -2.3% Net Profit -36 67 -154% 20 -280% -16 131 -112% Item from raw materials derogation 14 -2,004 -101% 2 600% 16

network expansion led to increasing cost of service 3.9%YoY and 3.4%QoQ; however, SG&A was well-managed and dropped -12%YoY and -8.8%QoQ, resulted in stabilized EBITDA with -0.9%YoY and +1.6%QoQ. Net profit

any factors or situation are changed in the future; the investors are, therefore, required to have their own discretion regarding the usage of this information for any purpose. For further detail

liquidity risk of operating cash flow under the COVID 19 situation. In addition, the Company has received soft loan facility of 5,000 million THB from Government Saving Bank in Thailand and 68 billion MMK

Expenses of tax income 26.23 1.43% 23.26 1.67% 2.97 12.77 Net income 113.72 6.21% 107.55 7.70% 6.17 5.74 Profit sharing Attributed to the shareholders of the Company 96.19 5.25% 89.70 6.42% 6.49 7.24

& Hoeglund Public Company Limited “the Company”, the management would like to discuss and analyse of the financial statements for the year 201 ended December 31, 2017 including the significant situation and

Expenses of tax income 4.21 0.88% 5.03 1.30% (0.81) (16.19) Net income 9.08 1.89% 22.04 5.71% (12.96) (58.79) Profit sharing Attributed to the shareholders of the Company 11.65 2.42% 18.61 4.82% (6.96

0.34% 7.89 1.84% -6.07 -76.88 Net income 4.10 0.76% 35.71 8.32% -31.61 -88.53 Profit sharing Attributed to the shareholders of the Company 9.43 1.75% 29.62 6.90% -20.19 -68.17 Attributed to the

) (93.87) (5.02) (4.39) Gross profit (loss) 7.85 6.70 7.46 6.13 0.39 5.22 Other revenues 1.44 1.23 2.33 1.91 (0.88) (38.03) Distribution cost (3.56) (3.04) (5.15) (4.23) (1.58) (30.73) Administrative

2022 % 2021 % Increase (Decrease) % Revenue from sales and services 2,351.40 100.00% 1,455.25 100.00% 896.15 61.58% Cost of sales and services 2,208.18 93.91% 1,319.00 90.64% 889.18 67.41% Gross profit