increased revenue of high value projects, resulting in more fixed expenses to be covered Financial Analysis of the Company As of March 31, 2024, the Company has financial position that changed from its

. Financial Analysis of the company As of March 31, 2018, the Company has financial position that changed from its financial status as of December 31, 2017. The changes are described as follows: Assets Items

that those were decreased in line with decreasing sales. Financial Analysis of the company As of June 30, 2018, the Company has financial position that changed from its financial status as of December 31

another expense which was a fixed cost that continues to occur even if the revenue was decreased. Financial Analysis of the company As of September 30, 2018, the Company has financial position that changed

% 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

for Q3–2024 was higher than Q3–2023. Financial Analysis of the Company As of September 30, 2024, the Company has a financial position that changed from its financial status as of December 31, 2023. The

expenses of Q1–2019 were also higher than those of Q1–2018. Financial Analysis of the company As of March 31, 2019, the Company has financial position that changed from its financial status as of December 31

the increased employee costs and the losses from impairment of financial assets ( receivables) in the Q2–2024 Financial Analysis of the Company As of June 30, 2024, the Company has financial position

loss was from the strengthening of the baht. The company policy is to cover forex risk with forward contracts results in a forex loss of 0.23 million baht or an increase of 0.04 million baht representing

Management Discussion and Analysis (MD&A) Padaeng Industry Public Company Limited and its subsidiaries For the year ended December 31, 2019 1 | Padaeng Industry Public Company Limited and its