cafés as well as the Company's ability to manage costs effectively. EBITDA margin in 2023 was 31.8%, slightly decrease from 2022. E B I T D A a n d E B I T D A M A R G I N : Q 4 / 2 0 2 3 K e y F i n a n

liabilities and license payable) was at 2.5x decrease from 2.9x in FY23 due to improving EBITDA and lower debt. Total equity was at Bt85,388mn, decreasing by -5.8% due to a decrease in retained earnings

/2024, the Company’s credit card revenue was 1,794 million baht, a decrease of 9.8% from the previous year, accounting for 36% of total revenues due to contraction of credit card receivable from the

% of the total issued and paid-up shares of DTC, at the price of 12 THB per share. As a result, the Company reported a decrease in ownership of DTC from 22.58% to 17.58% and recorded a gain from the

percent of the total issued shares of NPSI, which is the maximum shareholding percentage allowed under the laws of the Philippines. The shares acquisition transaction was subject to the approval from the

such immaterial change of the purposes of use of proceeds from IPO upon receipt of approval from the Board of Directors. B.) Lending to the Subsidiary for investment in Original Equipment Manufacturer of

of approval from the Board of Directors. B.) Lending to the Subsidiary for investment in Original Equipment Manufacturer of cosmetics, in the amount of THB 148,000,000 or representing 14.99 percent of

acquisition transaction was subject to the approval from the meeting of the shareholders and upon certain conditions precedent under the share purchase agreement have been fulfilled. Currently, the status of

at THB 190,489 million, a decrease slightly, mainly from petroleum related businesses. For the Company, it was affected by average selling price per unit that significantly declined with respect to

gains/losses wherein inventory gains decrease the cost of sales and inventory losses increase the cost of sales. Core Net Profit is the reported Net Profit less extraordinary items less tax adjusted