THB 25.37 million, a THB 1.27 million or 5.26% increase from the previous year (2017: THB 24.10 million). Administrative expenses mainly include salary, employee and management benefits, office rental

million, decreased by THB 14.20 million or -73.01% YoY. The gross profit margin in 9M2023 was 14.90%, decreased from the gross profit margin of 43.10% in 9M2022, due to the increase in employee-related

integration in January 2017 b) Increase in employee benefits from issuances and offerings of warrants to purchase the Company’s ordinary shares to directors and employees No.1 (“ESOP-Warrant-1”) and No.2 (“ESOP

13.18 million or 124.11% from SAAM Energy Development Public Company Limited - 4 - the previous year mainly due to i) increase in employee and management expenses from new hires supporting business

increase in employee and management expenses to comply with industry rate by THB 14.57 million, rental expense of assets for using in operations from related persons (referenced by an independent appraiser

compared to the same period of 2018. This was mainly due to an increase in employee benefit provision of Baht 46 million, based on the Labor Protection Act (Issue 7) B.E. 2562 with an increase in rate of

expenses from NVD after business integration in January 2017 b) Increase in employee benefits from issuances and offerings of warrants to purchase the Company’s ordinary shares to directors and employees No

million or an increase of 35.16 percent. However, if the extraordinary item from the sale of unused land of Baht 46.31 million and the provision for employee retirement benefits from 300 to 400 days of Baht

THB 105.99 million, an increase by THB 17.45 million YoY (+19.72%) and accounting for 2.97% of total income. The increased expenses were mainly caused by (1) Employee expenses an increase of THB 11. 35

17.09 million, finance lease payable has net increase Baht 2.07 million, from purchase 2 new motor vehicles for executives, provision for long-term employee benefits has increase Baht 1.88 million and