and space usage expense of production unit. Major part of cost of sales is raw materials. Gross Profit Gross Profit Margin +48% +67% Q4/2022 vs Q4/2021YoY • Gross Profit in Q4/2022 was THB 166 million

increase in revenue. However, the gross profit margin has dropped from the previous year mainly due to the increase in cost from the Company, which started fully realizing the depreciation from the new

in brokerage fee, fee and service income and other revenue on lower market trading volume and fluctuated market condition, Krungthai ZMICO was able to strategically control cost and improve operational

addition, the Company efficiently managed the selling, general and administrative expense and funding cost. 6 2. Financial Status Statement of Financial Position February 28, 2019 February 29, 2020 Change

company’s income from design and distribution of boat and minibus made by aluminium for the year2018, which is the first year of investment in the amount of Baht 20.89 million. 2. The company’s cost of sales

goods 167.64 153.36 14.28 9.31 Revenue from project works and services 80.96 67.18 13.78 20.51 Total Revenue from Sale and Services 248.60 220.54 28.06 12.72 Cost of sales of goods 118.22 112.99 5.23 4.63

, the net profit margin has dropped slightly mainly due to the increase in cost from the Company, which started fully realizing the depreciation from the new factory building in Q1/2018. Depreciation

million, 7.5% down from the same quarter of last year mainly because of the significant appreciation of THB/USD cause material cost increase in term of THB which has resulted in higher cost of goods sold

19.62 180.80 42.38 Other income 17.25 20.62 80.81 75.81 EXPENSES (1,347.43) (1,155.05) (2,599.49) (2,437.85) Cost of sales and services (1,132.81) (1,012.02) (2,245.32) (2,173.34) Cost of sales

has dropped slightly mainly due to the increase in cost from the Company, which started fully realizing the depreciation from the new factory building in Q1/2018. Depreciation increased THB 20.15