locations across the country. In terms of Net Marketing Margin, it declined from the previous year resulting from crude oil price in the global market increased during Q1/2019 and Q4/2019, and B100 product

1Q2019:  From 1 January 2019, the new Thai Financial Reporting Standard in relation to revenue recognition (TFRS 15) has been applied to GHECO-One which resulted Gheco-One to levelize the AP over the

, driven by volume and recognition of value from our customers and was as per our plan despite the fact that costs of raw materials and fuel was well above last year same period. Maintenance and HR expenses

% Gross profit margin* (%) 20% 27% 29% 2% 9% Net profit margin (%) 14% 16% 18% 2% 4% Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q1/2018 Management Discussion & Analysis The

604,699 -11% 473,402 14% 853,833 -37% Profit (loss) before loss on impairment of investment in subsidiary, interest and income tax 15,488 (39,320) 139% (4,437) 449% 233,778 -93% Margin 3% -7% -1% 27% Profit

also resembles, while we will continue to improve on our journey to zero injuries. Operationally our continued focus on quality and services resulted in recognition from our customers in the form of

basis that is consistent with the pattern of revenue recognition. Under the previous accounting policy, the Company and its subsidiaries immediately recorded commission as selling expenses when the

profit margin of 12.43 percent, compared with gross profit margin of 11.63 percent in the same period of the previous year. This was mainly due to an improvement in sales of exhaust pipes with its high

focus on supporting our customer growth and demand in cloud and IT solutions. Soften EBITDA from higher marketing expense EBITDA in 2Q22 dropped -2.8% YoY and -0.2% QoQ to Bt22,353mn with a margin of 49.4

COVID-19 environment. Nonetheless, the sales declined -14% QoQ following the seasonality of iPhone14 sales period in Q4. The sales margin increased to 1.8% due to a higher mix of high-margin handsets. SG