during the end of the year 2020, the Company has issued a sales tax invoice from the receipt of payment and delivery of the goods. Therefore, the Input tax and the Input tax not yet due decrease. Other non

award from bidding, so the sales volume decreased. The Company entered into short-term contract with specific quantities and delivery term (Made to Order). This helps the Company to efficiently control

กดั (มหำชน) AI Energy Public Company Limited ทะเบียนเลขที่ 0107556000311 and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that prevent

and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that prevent risk from CPO’s prices fluctuation. ทีตงั 55/2 หมู ่8 ถ. เศรษฐกิจ 1 ต.คลอ

with specific quantities and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that prevent risk from CPO’s prices fluctuation.  For 3rd

causes the company's revenue in 2022 to postpone the delivery of some projects according to the delivered equipment. The main factor for the decrease in revenue in 2022 is that the company does not have

slightly increased from Q3–2023 and Q4–2022 because the company has accelerated the project to complete delivery it at the end of 2023. Cost of Sale and Service Cost of Sale and Service in Q4–2023 decreased

amounting to 8 million Baht. Meanwhile, the drawn down loans was 8,598 million Baht. 5. Financial Ratios Profitability Ratios Quarter 1 Change Increase/(Decrease) 2018 2017 Gross Profit Ratio (%) 33.88 34.93

718.58 million, increased by THB 375.16 million from the same period last year. GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2018 Page 7 of 11 Liquidity ratios

short-term loan of Baht 14 million. - 6 - (2.7) Financial Ratios Financial Ratios As at December 31, 2018 As at December 31, 2017 Current Ratio (Times) 1.48 1.30 Quick Ratio (Times) 0.65 0.65 Cash flow