a net loss of Baht 22.06 million. The increasing of net profit by Baht 55.93 million reflect that the Company’s performance is improving, which conforms with the revenue incremental. Seven Utilities

net profit by Baht 21.75 million reflect that the Company’s performance is improving, which conforms with the revenue incremental. http://www.sevenup.co.th/ Seven Utilities and Power Public Co.,Ltd. 73

applied as mentioned above to the Company’s best ability to reflect the financial performance based on actual business events, which may differ from the financial statements reviewed and/or audited by the

ability to reflect the financial performance based on actual business events, which may differ from the financial statements reviewed and/or audited by the auditors authorized by the Securities and Exchange

/2020, the Company has a net profit of Baht 112.70 million, while quarter 3/2019, the Company had a net profit of Baht 100.34 million. The increasing of net profit by Baht 12.36 million reflect that the

year, to reflect the slowdown in sales due to the COVID-19 pandemic which resulted in the closures of many points of sales between March and May. Some of the expenses, however, were less elastic to sales

manufacturing business in Thailand. 2) Price adjustment of Portugal operation started to reflect since Q3 2022 onward 3) New model launch and adding of new brands to our dealership portfolio. Selling and

annum, down from 3.23% in 3Q16. On 22 September 2017, TRIS Rating Agency upgraded CPN’s rating and its ratings of senior unsecured debentures to “AA” from “AA-“. The upgrades reflect CPN’s stronger

investments by the equity method while lower depreciation due to the change in estimating useful lives of assets at Dusit Thani Manila to reflect the real future economic benefits and in line with the Company’s

more flexibility in management mechanism, development and future investment. (English Translation) Page 9 3. The value of the investment in the Company will more accurately reflect the share price of