loan from financial institutions increased by 650.0 MB, because in 2021, many large-scale projects are still in the process of payment from receivables which has been delayed due to the impact of the
partially offset by lower production and delayed price adjustment of raw material price increases in the Portugal operations. Selling and administrative expenses increased from Baht 397.06 million in Q4 2020
quarter of year 2022 4 the delayed impact from price adjustments were recorded in Q3 2022 (3 months) leading to improved Gross profit margin for Q3 2022 (3 months). Selling and administrative expenses
of investments in associated companies and the result of associated companies’ delayed revenue recognition due to the delay in delivery of work. Consequently, in 6M2023, share of loss of investments in
% YoY. This was mainly due to the Company’s amortization of intangible assets arising from the purchase of investments in associate companies and the result of associate companies’ delayed revenue
and constructions of new housing projects have been delayed. Except for product sales through small to medium sales representatives, which are located throughout the country, that could still open for
expansion due to ongoing recovery in private consumption and the tourism sector during the festive season, despite delayed government budget disbursement. Overall, AIS reported core service revenue of
million Baht. Real estate revenue was lower than last year. Customers have postponed their decision to buy property due to the slowdown of domestic economy. Cost of goods for year 2017 was lower than last
2.5% yoy. This increase was mainly caused by: - The delay of the academic year 2018 of the university in Philippines to start in 2Q18. Therefore, the academic fee (Lyceum) was postponed to be recognized