clients and orders due to higher demand for cars and new businesses from closure of financially challenged competitors due to Covid-19. 2) Dealership business; Stronger sales of both dealerships in Thailand

and orders increase due to higher demand for cars. Thailand and China operations were strong, grew 29.2% and 48.1% year-on-year respectively and outperformed the industry. 2) Car Dealerships and

of Baht 405.62 million, a net profit of Baht 27.20 million due to the revenue from sale of leather products for car seats decreased from the number of production cars according to model received. 1.2

services of Baht 423.48 million, a net profit of Baht 26.82 million. Due to the decreased in sales of automotive leather cutting due to the number of cars models received. 1.2 The company’s income from

decreased to 0.5 times as at Q1 2024 from 0.7 times as at Q1 2023. 4) Thailand Automotive Industry (Unit: Cars) Quarter 1 Change 2024 2023 Unit %Change Production 414,123 507,787 93,664 -18.5% Domestic Sale

%, which is mainly from sales of OEM parts of Mazda cars. Furthermore, the sales in the domestic increased from Baht 252 million in 2017 to Baht 294 million in 2018, or increased by 16% from sales of OEM

Baht 77 million in quarter 3 of 2018, or increased by 49.50% from sales of OEM parts of Toyota cars. Moreover, the export sales to Australian zone rose from Baht 8 million in quarter 3 of 2017 to Baht 35

impacted the European car production volume. European car production reduced from 21.2 million cars in 2019 to 15.7 million cars in 2021. Dealership business in both Thailand and Malaysia slightly improved

of Baht 238 million yoy. Loss on sale of foreclosed assets comprised of loss from sale of repossessed cars amounting to Baht 1,423 million, with loss increasing from Baht 941 million during 2018 and

on hire purchase loans from the higher portion of used cars mix in portfolio and also from the increase in personal loan segment. Cost of fund dropped further yoy from 2.7% to 2.3% resulting in