second round of COVID-19 epidemic subsided. In addition, there was an improvement in economic activity and continued support from government measures. Although, the government spending became contraction

which the Company holding shares in each core business, there was the business net profit in the previous year. The Company realized that although the turnover has been improved, it still has various

estate developer and its customers. Although overall economy is soft, the Company’s target group of customers can maintain their purchasing power.   For recurring income business, the Company had adjusted

investment for reducing cost. Production costs are as same as the last year, although cost per unit increased from reduced production capacity and increased cost to support public health standards

2Q2020, although the Company's revenue decreased by 63.36 million baht from 2,164.94 million baht to 2,101.58 million baht or 2.93 percent dropped, gross profit increased 37.08 million baht to an amount of

guidance and outlook for 2022 were maintained. Market and Competitive Environment Although Thailand has reopened and the lockdown restrictions have been lifted, the impact of the Omicron outbreak continues

from credit card increased 6%, in line with continued growth in card spending. However, although the overall economic growth rate of the country has a better outlook, there are risks from the slow

towards the end of the quarter, although during July and August 2018, crude price adjusted downward, whereas in Q3/2017 there was an inventory gain in the amount of THB 450 million ( including reversal LCM

, although the adjustment does not impact the net profit. Excluding the non-recurring items CPN reported total revenue of THB 8,674 mn, a 8.9% increase YoY, operating profit of THB 3,380 mn, a 6.7% increase

. Besides, part of the operating expenses is fixed costs, although revenue will decrease. Therefore, the decreased rate of profit was higher than the decreased rate of total revenue. Topic Annual Balance