changed in line with the same direction of the increased in revenue. When comparing Q2- 2022 to Q3- 2021, it found that the change rate of operating expenses is very similar to the change rate of revenue
previous quarter. Although the numbers indicated a better direction comparing to the previous year, but the current unemployment rate has not yet returned to the pre-Covid-19 level. The company performance
% because the overall size of the projects delivered in the Q3-2022 are greater than those in Q3-2023 Total operating expenses in Q3- 2023 have changed in the same direction and at a similar rate with the
LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2017 2 2. Economic Situation The Thai economic activity in the third quarter of 2 0 1 7 continued to expand. Export–oriented manufacturing businesses
production automation under the scheme of Delta Smart Manufacturing. The company believes that it would benefit the company by enhancing energy saving and improving the productivity both in short and long term
the amount included expenses related to Asia Can Manufacturing (“ACM”) which is currently under the construction, machine installation and system preparation process before the commercial plan in 4Q
bottling factories resulting in better economy of scale due to higher capacity utilization rate, combined with a drop in material and packaging prices. Asia Can Manufacturing Company Limited (“ACM”) which is
profit margin decreased from 10.8% in Q2 2023 to 8.6% in Q2 2024 due to lower production volume in automotive parts manufacturing business in Thailand. Portugal operation also recorded a lower gross profit
but not least, 4.) other supporting factors, namely public and private investments, were given a brighter outlook as the direction on the Eastern Economic Corridor (EEC) becomes clearer, which will also
referencing from the cashflow generated from the performance of the business operation of EG and WG, and the business expansion which shall be expectedly in the same direction with the BTS Sky Trains system’s