%. The Company increased the project cost estimation because of the problem of delay in handover of work area by the employer, overlapping tasks of the employer and changes and adjustment of the
accordance with lower sales. Gross profit margin decreased from 11.24% in Q3 2020 to 9.34% in Q3 202, mainly caused by lower sales, delayed price adjustment of raw material price increases in our Portugal
denominator which result in lower gross profit margin. 2) Product mix 3) Portugal operation takes approximately 3-6 months to negotiate the price adjustment with customers. However, Gross profit margin has
manufacturing business in Thailand. 2) Price adjustment of Portugal operation started to reflect since Q3 2022 onward 3) New model launch and adding of new brands to our dealership portfolio. Selling and
% 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
fee and must issue a Withholding Tax Certificate and submit the same to the Tender Offer Agent. (Translation) Revision The Offer Price is THB 91.9906 (Ninety-one point nine nine zero six Baht) per share
held at least twice a month for revision and monitoring of performance , mechanism for regular measurement, monitoring and control of the risk from investment and system for recording and retaining the
held at least twice a month for revision and monitoring of performance , mechanism for regular measurement, monitoring and control of the risk from investment and system for recording and retaining the
Bt1,475mn, accounting for 4.3% of service revenue. This was a decrease of 19% YoY from the high base of USO fee rate in 1H17 but an increase of 13% QoQ due to the one-time license fee rate adjustment in 4Q17
of 2019. In addition, there was a straight line concession adjustment of its international media operation in accordance to the Thai accounting standard, which led to higher expenses. FINANCIAL