income. The income base has been expanded to include rental property business as it is one way to efficiently manage the Company’s assets while purchasing power is decreasing as well as to reduce risks
condition. 2) Advance received from construction contracts total of Baht 251.12 Million which were advanced received from customers. And these amount going to reduce by portion of next milestone’s payment
of 2020, other incomes were 2,715 million baht or 13% of total revenues, showing a decrease of 238 million baht or 8% y-y, mainly from reduce of selling Bad debt. Other revenues consist of bad debt
acquired in the third quarter of 2020, was not operate in their full capacity. Since the Group are in the process of improving the machinery’s efficiency to reduce further cost of production. In addition
enhance customer convenience and to reduce travelling time to purchase the products. As of March 31, 2021, the Company has over 15 off-site pop-up stores distributing over 8 provinces including Bangkok
conditions. In the first quarter of 2021, the Company started the operation of life and non-life insurance brokerage business to be in line with customers’ lifestyle, increase efficiency and reduce operation
model launches, new product launches and Kaizen activities implemented to reduce the fixed cost of the company during the COVID period, we expect this year to be our good year which we targeted our total
largely attributable to significantly higher volume from our major customers, new car model launches, new product launches, increase of EV related products and Kaizen activities implemented to reduce the
finance cost for our Portugal operations. However, our net finance cost reduce to Baht 76.7 million, compared to Baht 88.4 million in Q1 2023 in line with our net interest bearing debt level. Net profit