usable, consequently necessitating sales below cost. However, the auditor was unable to verify this claim and found no supporting evidence to confirm the stated facts.   After considering in conjunction

at a fixed rate of 2 million baht. Over the years, the trading volume on TFEX have been increasing continuously. Thus, to align the fee with the cost of supervising derivatives exchange and in line

from Fee income and Income from foreign exchange. 3. Distribution cost decreased by Baht 0.01 million. 4. Financial cost increased by Baht 0.13 million resulting from the company increased its use of

result Million Baht 2019 2018 Sales 1,748.29 1,905.09 Cost of Sales 1,636.11 1,756.98 Gross Margin 112.17 148.11 Gain (loss) on exchange rates 38.44 (26.43) Other Incomes 33.76 30.28 Total Revenues

million or 2.77% from last year. This is result from loss on exchange rate. 5. Finance cost was Baht 11.31 million; decreased Baht 2.89 million or 20.35 %. Because of the declining in interest rate. Yours

percent from the same period of last year affected by foreign exchange volatility during the Covid-19 pandemic in first quarter that lead to accumulated loss on exchange rate. 2. Cost of goods sold and

from export sales which was affected by Thai baht appreciates against US dollar. Other income increased 245.62 percent, due to higher gain from exchange rate. . Cost of goods sold and expenses (Thousands

expenses decreased from lower financing cost and loss on exchange rate, despite an increase in employee benefit expenses. Please kindly be informed accordingly. Yours sincerely, (Mr. Chaipatr Srivisarvacha

for a reason of increasing in gain from exchange rate. 1.2 Cost of goods sold and expenses Consolidated (Thousands Baht) 1st Quarter Change 2019 2018 Amount % Cost of goods sold -453,166 -244,141

หน้า 1 ของ 3 (Translation) No. ACC6511/001 November 14, 2022 Subject: Clarification of operating results for the third quarter of 2022 To: The President, The Stock Exchange of Thailand Advanced