competitiveness of industry peers is under pressure by the very strong Thai Baht, resulting in repatriation of capacity allocation. On the upside we addressed the market weakness with savings on the cost side, our

follow: Note: The Company has adjusted the selling expenses in the financial statements for the three-month and six-month periods in compliance with Thai Financial Reporting Standard No. 15 Re: Revenue

exports to reduce from the previous year. Furthermore, the sale of goods to foreign countries has been affected by the continuous appreciation of the Thai baht. Domestic consumption trend continues to

decreased by 4.9% to 406,131 units. The Federation of Thai Industries (FTI) revised the forecast of car production for 2023 to be at 1,900,000 units which were divided into production for exporting of

14.5 43.0 15.8 Net Profit 200.5 159.3 25.7 150.6 33.1 (Unit: THB mn) Sales The Automotive Industry Club, The Federation of Thai Industries reported the situation of the automotive industry that the car

million Baht compared to 38.67 million Baht and 38.41 million Baht respectively in the quarter 2/2016 due to the major reasons as follows; 1. Incomes from the production and installation of the pipeline

addition, the cost per unit decreased due to the increased production volume (Economy of scale). • Gross Profit margin in Q4/2023 was 65.0%, increased from 62.9% in Q4/2022, and Gross Profit margin in 2023

from same-store sales growth and the increase in the number of branches, as well as the decrease in cost per unit from the increase in production volumes resulting in economies of scale. • Gross Profit

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of production and installation of the pipeline decreased by 29.57 million Baht (relating to decrease of revenue mentioned in 1.1) and the cost water management business increased by 4.38 million Baht