152.3 million in Q3 2022. The reduction mainly came from the following reasons: 1. No share of profit from Hyundai Motor (Thailand) (AH holds 20%) which stopped the business operation since Hyundai Motor
in the same quarter of 2019 was Baht 150.24 million showing a reduction of Baht 121.27 million or 80.72 % decrease. In this current year, there were only 2 ongoing projects and one of them was
temporary suspended. Private consumption contracted as a result of weakening purchasing power and high household debt. Government have implemented financial relief measure to help those affected by the COVID
dessert café which has a higher gross profit margin than sales from takeaways or purchasing through food delivery services. In addition, the Company has increased the price of some products since March 2022
in gross profit was mainly due to increase in the proportion of sales from dessert café (Dine-in) which has a higher gross profit margin than sales from takeaways or purchasing through food delivery
(+6.05%). The purchasing power of customers has been declining since the third and fourth quarters of last year, which caused IT device sales to significantly decline. The main cause for the decline is the
of ICUK aligning to the spending control scheme in order to achieve an acceptable return on sales, and a reduction in sponsorship fees to an international football club in parallel to the status and
and THB 2,752 Million during the last 6 months. Apart from debt reduction, the cash injection from rights issue is enabling the Company to take up several critical Capex for operational improvements and
Quarter. These were partly offset by reduction in expenses due to termination of Tolling Arrangement which was carried out Last Year Quarter. 3rd Quarter 2019 3rd Quarter 2018 Own production Tolling Total
estate developer and its customers. Although overall economy is soft, the Company’s target group of customers can maintain their purchasing power. For recurring income business, the Company had adjusted