projects. Trade and other payables decreased by 361.4 MB, representing a decrease of 27.0% due to Q2–2021, the company paid for goods and services according to the credit term, therefore, the trade accounts

% (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

Group”) as follow: Consolidated financial statements Q1-2021 Q1-2022 THB Mn THB Mn THB Mn % Sales of goods and services 1,214.9 1,518.7 303.8 25.0% Revenue from finance lease under power purchase

131.6 118.0 13.6 11.5 Total liabilities 3,242.8 2,690.9 551.9 20.5 -5- Liabilities As of June 30, 2022, the Company’ s total liabilities increased by 551. 9 MB or 20. 5% from December 31, 2021, the

mainly form energy prices. Therefore, the unemployment rate at 1.53% in the first quarter of 2022 dropped from the previous year and household debt tends to increase due to rising prices of consumer goods

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

30, 2022, the Company’ s total liabilities decreased by 70. 6 MB or 2. 6% from December 31, 2021, the reasons for major changes are as follows: Trade and other payables increased by 194. 8 MB

statements Q1-2022 Q1-2023 THB Mn THB Mn THB Mn % Sales of goods and services 1,518.7 1,638.2 119.5 7.9% Revenue from finance lease under power purchase agreement 102.3 102.4 0.1 0.1% Cost of sales and

1,174.8 1,571.8 1,199.2 (397.0) (25.3) (24.4) (2.0) Profit for the period 96.8 111.1 166.2 (14.3) (12.9) (69.4) (41.8) Overall in the Q1–2023, the Company’ s total revenue and total operating expenses

unpaid costs that were not yet due for payment of goods and services according to credit term received. As a result, the trade payables increased. Unbilled payables decreased by 110.4 million baht or