manufacturing business in Thailand. 2) Price adjustment of Portugal operation started to reflect since Q3 2022 onward 3) New model launch and adding of new brands to our dealership portfolio. Selling and
% because in Q2-2022, the loss from fair value adjustment of investment in Campana Group Pte. Ltd. approximately 20.0 million baht was recorded. Financial Analysis of the company As of June 30, 2023, the
of Thailand. Given the aforementioned and other risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements as a prediction of actual results or
representation, warranty or prediction that the results anticipated by such forward-looking statements will be achieved. 2013-15 13 Index Table 1: Financial Summary - Core Financials of Consolidated Business
the Company does not undertake any duty or obligation to supplement, amend, update or revise any such statements. The Company does not make any representation, warranty or prediction that the results
prediction that the results anticipated by such forward-looking statements will be achieved. Definitions Core EBITDA is after excluding inventory gains/losses from reported EBITDA. Inventory gains/losses in a
prediction that the results anticipated by such forward-looking statements will be achieved. Definitions Reported financials are from audited/reviewed financial statements. Core EBITDA are EBITDA adjusted with
Bt1,475mn, accounting for 4.3% of service revenue. This was a decrease of 19% YoY from the high base of USO fee rate in 1H17 but an increase of 13% QoQ due to the one-time license fee rate adjustment in 4Q17
of 2019. In addition, there was a straight line concession adjustment of its international media operation in accordance to the Thai accounting standard, which led to higher expenses. FINANCIAL