adjustment of long-term investments in financial assets. Cash Flows As at March 31, 2020, the Company and its subsidiaries had cash and cash equivalents amounting to Baht 6,484 Million, representing an
close the sales through their branches more than 2 months together with the decrease of sales via ELEGA showroom that had been stopped the business from the adjustment of the business strategy by closing
with improved efficiency. The net profit margin increased from -6.9% in the 1st quarter of 2020 to 4.7% in the same period of 2021. However, the reported net profit of THB 28.5 Mn includes an adjustment
, representing an increase from the previous year by Baht 270 Million or 0.7 percent when compared to the end of the year 2019 mainly from the net profit from operation, unrealized gain on fair value adjustment of
profit for the same period last year due to an adjustment in freight prices. Sea Freight increased in line with higher demand, allowing the company to manage to generate revenue and Increased profits
partially offset by lower production and delayed price adjustment of raw material price increases in the Portugal operations. Selling and administrative expenses increased from Baht 397.06 million in Q4 2020
volume, new model launch and new product launch of auto parts manufacturing business in Thailand. 2) Price adjustment of Portugal operation started to reflect in Q3 2022. 3) New model launch and adding of
associate previously recognised through comprehensive income amount of Baht 171.2 million. (One-Time item) 2) Accounting adjustment of AAPICO Avee’s amount of approximately Baht 26.5 million. (One-Time item
electrical energy for 25-year period started from the date of contract). As specified in the contract, the subsidiary shall transfer building, machine and equipment to Krabi Municipality without any charges
shown by the movement of the foreign currency 'Translation Adjustment' in the shareholders funds section of the balance sheet. There is no cash affect concerning its movement. Exceptional Items None