natural gas power plant decreased by Baht 70.1 million from decrease in unit rate which is adjusted in line with the decrease in average natural gas price, thus sales also decrease in line with the fuel

sales and service income mainly derived from sales of natural gas power plant from decrease in unit rate which is adjusted in line with the decrease in average natural gas price, thus sales also decrease

sales of natural gas power plant decreased by Baht 513.5 million from decrease in unit rate which is adjusted in line with the decrease in average natural gas price, thus sales also decrease in line with

4,772.3 million, decreased by Baht 209.0 million. The decrease in sales and service income mainly derived from sales of natural gas power plant from decrease in unit rate which is adjusted in line with the

. This was in line with the income decrease and the gross margin of this quarter increased since the project executed in this quarter had no any operating loss. Cost of Services There was no service cost

by THB 821.69 million YoY (-6.24%), in line with the decrease in revenue from sales and services. 4 I 9 Management Discussion & Analysis 2023 Online sales increased by THB 16.83 million. The reason for

other receivables and contract assets decreased by THB 21.81 million in line with the decrease in services income from digital content services. Total liabilities Total liabilities were mainly consisted

17.26 million, decreased by THB 3.19 million or -15.59% YoY mainly due to lower credit losses in line with the decrease in services income from digital content via telecommunication channels. Share of

million or -33.96%. Selling expenses declined which were in line with the decrease in revenue. However, the percentage decreased in selling and administrative expenses were lower than the percentage

per cent in line with the decrease in revenues from sales in this period. Gross profit margin of 2018 was 60.71 per cent, lower than that of 63.63 per cent a year earlier, representing a decrease of