shareholders’ equity of THB 4,973.36 million. The surge in shareholders’ equity was mainly caused by the Company’s initial public offering (IPO) as well as the retained earnings from the Company’s performance

THB 1,264m, grew by THB 948m or 300% YoY. Transfer ownership of condominium unit of the Esse Asoke and Banyan Tree Residences Riverside Bangkok mainly attributed to the surge. Page 3 of 7 Management

average selling price decreased considerably due to slowdown in Thai economy, strengthening of Thai Baht, and surge in imports of Alloy Steel and Galvanised HRC post expiry of safeguard duties. While total

and Analysis EXECUTIVE SUMMARY ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 2019: A remarkable year with 40% capacity

decrease in total consumption coupled with surge in imports led to 22% decrease in Domestic production compared with 2018. As per Iron Steel Institution of Thailand (ISIT) the Domestic capacity utilization

oil (CPO) inventory plunged to the level of 170,000 tons compared to the level of 400,000 tons at the same period of previous year, resulted in a surge in crude palm oil price. In addition, the Energy

pressured to drop by -3.5% QoQ to Bt216. At the end of 1Q22, 5G subscribers increased to 2.8mn accounting for 6.3% of the subscriber base. AIS Fibre customers continued to surge to 1.87mn subscribers

growing revenue to THB 11,223 million with the Normalized Net Profit (NNP) of THB 1,158 million and NNP-owner of the parent of THB 682 million, growing 54.0% y-on-y. This remarkable performance came from 1

despite the COVID-19 pandemic B.Grimm Power continued to report a remarkable performance with a 62.5% y-on-y growth of net profit- owner of the parent to THB 1,017 million and a 17.2% y-on-y growth of

2.01 $/BBL compared to Q1/2018, affected by China’s first round of 2019 diesel export quota of 66.31 million barrels, which surge from the same period of the previous year by 13.41 million barrels