of raw materials, especially electrical parts, resulted in higher cost of raw materials. These have adversely affected the company’s sales revenues and profit. Sales revenues of this quarter amounting

from SMP E&I service, Fabrication and Other services, and Civil & Building Services. As the customers in Petrochemical and Energy sector have project value more than 10,000 Million Baht, the Group can

Thai Tourism Sector in 2023-2024 The Thai tourism sector is expected to continue to recover from 11.2 million tourists in 2022 to 27.1 million in 2023 and forecasts 36.6 million in 2024. During June 2023

% 215 -32% 361 730 -51% Adjusted EBITDA Margin (%) 4.4% 6.8% -2.4% 7.6% -3.2% 5.9% 8.2% -2.3% Net Profit -36 67 -154% 20 -280% -16 131 -112% Item from raw materials derogation 14 -2,004 -101% 2 600% 16

production resulted to less in yield per rai, which led to a contraction of GDP 4.8% of agriculture sector. Moreover, off-season rice harvest areas also declined by 41.21% in this quarter effecting to a

sector has project value more than 10,000 Million Baht, CAZ can perform construction service by being sub-contactor from the main contractors. As at 31 December 2018, the Group has backlog for construction

raw materials on 29 Jun 2018 and 31 Jul 2018, the company recorded expenses from raw materials derogation amounting to THB 2,004 million and tax income from deferred tax assets from such provision

impact of Stock Gain/(Loss) and NRV (2) Extra item was from reversal of inventory derogation because a supplier had delivered raw materials to the company regarding to the settlement agreement. P a g e | 5

increase in revenue from steel and Page 2 of 3 concrete by Baht 9.07 million and increased in revenue from construction materials by Baht 6.81 million and gain from sales on investment increased by Baht 4.24

boost of the export activities, private consumption and tourism sector. However, the net profit margin was lowered from the increase in selling and administrative expenses while gross margin stay flat