in a greater proportion than the reduction in sales and administrative expenses, especially the significantly decrease of sales in Q2/2020. Management Discussion & Analysis Q4/2020 1 In Q3/2020, the

prices especially during the last quarter of 2021 with the following measures; 1) October: Adjusted the biodiesel mandatory from B10 and B7 to B6 2) November: Adjusted the biodiesel mandatory back to B10

. 2550 (2007) and the Securities and Exchange Act B.E. 2535 (1992), especially the Sections relating to the issuance and offer for sale of securities and disclosure, as well as notifications, rules and

increase in same-store sales growth, especially the increase in dine-in customers due to the relaxation of government measures against COVID-19. The increase was also due to the increase in number of

by 127% from Q1/2022, corresponding to the increase in total revenue especially from dessert café. • Net profit margin in Q1/2023 was 12.7%, increased from 7.5% in Q1/2022, mainly due to the increase

global economy due to financial market tightening and macroeconomic headwinds which created contraction risks, especially for Thai export sectors. Nonetheless, private consumption showed a sign of

rate of the country has a better outlook, it is lower than the situation prior to the Covid-19 pandemic, especially the government investment and consumption, although it has a better outlook since the

income surged significantly, especially the 19% increase in bad debt recovery. However, this year the Company will focus on fee-based income expansion. Revenues Structure Profit and Loss Statement Unit

management especially from the Cogeneration power plants. Although in 2017, the Sriracha Power Plant had lower dispatch volume to Electricity Generating Authority of Thailand (EGAT) compared to 2016 due to the

due to lower consumer confidence and overall consumption. Demand for housing loans also fell, especially low-rise housing. Going forward, financial institutions expect increasing demand for loans from