the measures and orders of government agencies to limit the spread of COVID-19 with careful consideration of the health and safety of our customers and employees. The Board of Directors and management

in staff and administrative expenses from the allowance for doubtful accounts in the amount of Baht 8 million and additional employee benefits for employees who have worked with the company 20 years or

or 35.92%. This was mainly due to the increase in the number of office employees to support the branch expansion plan. Moreover, in February 2017, the Company recorded the expense for the annual staff

staffing policy that requires new employees to have a bachelor degree. As a result, the cost of staff increased. Administrative expenses 12.0 10.3 (13.5%) Because in 2016, the Company recorded allowance for

had announced significant measures using for employees and visitors as follows; - Service staff needs to wear a face mark whole the times while working - Providing body temperature examination before

production employees of the factory at Laem Chabang. In 1H17, the Company had gross profit margin of 29.63% which decreased from 34.27% in 1H16. The main cause stemmed from the duplicated cost of labor between

control policy. This resulted in decrease in office expenses and staff cost. Finance costs The company had a small decrease in finance costs for the solar energy unit Baht (1 .1 2 ) million or (7.7%) . It

57 hotels in our portfolio temporarily closed. The Group carried out cost control policies seriously and continuously, whilst still maintaining employees. This will ensure that the Company has enough

courses, uniforms and all security equipment for the hired employees. 3. Gross profit of Solar energy (“SE”) decreased Baht (1.12) million, which mainly comes from an incident of electrical short circuit

or purchasing through food delivery services. G R O S S P R O F I T a n d G R O S S P R O F I T M A R G I N : • The Company’s EBITDA in Q4/2022 and 2022 were THB 83 million and THB 306 million