% (y-y) in the first quarter. The main supporting factors were the return-to-expansion of export goods and private investment. On the other hand, the third wave of the COVID-19 pandemic continues to

because an increase of export and private consumption, as well as an expansion of government investment. In addition, the domestic tourism sector also improved due to the government continued relaxing

the Group continuing expansion and new project development. Finance costs Q1-2021 Q1-2022 THB Mn THB Mn THB Mn % Finance costs 34.1 34.5 0.4 1.2% Change Finance costs for Q1/2022 compared to Q1/2021

in the process. Major projects in progress such as the Project of the development for train tracking system and cargo management of the State Railway of Thailand, the GDCC Service Expansion (VM

adequate working capital for future developments in accordance to the Company’s expansion plan and stronger financial position with higher liquidity as well as lower interest payment. 8. The opinion of the

lease liabilities of THB 5.62 million, which was an increase from the lease of the Company’s new head office to support the expansion of the team according to the planned increase of scale and scope of

supporting factors were the return-to-expansion of export goods and private final consumption expenditure. In addition, the relaxation of the COVID-19 restrictions resulting in the number of foreign tourist

easier to operate. In addition, the Company had delivered several large-scale projects in this quarter, such as the GDCC Service Expansion (VM) Trading Project of National Telecommunications PCL, the

private consumption and investment. However, economic expansion remains at risk due to higher cost of living, the rising of household debts amid an upward trend of interest rates, the increasing of interest

previous quarter attributed to continual expansion of public and private investments and private consumption expenditures in relating to the growth in tourism. However, the exports of goods and services have