71% E-Commerce segment Revenue from e-commerce segment in relation to e-Payment services decreased due mainly to high business competition, especially when commercial banks began big player in offering

competition, especially when commercial banks began big player in offering e-payment services to the merchants. In addition, other operators started offered lower rates on settlement services causing some

activities according to Emergency Decree on Public Administration in Emergency Situation, B.E. 2548 (Emergency Decree), Section 9, effective from March 26, 2020. Later on May 17, 2020, the Company began to

relation to e-Payment services decreased due mainly to high business competition, especially when commercial banks began big player in offering services to the merchants. In addition, other operators started

to the company's sales began to increase during the past December. 2. Cost of sales to revenue ratio increased by 5.01% (from 87.47% in 2021 to 92.48% in 2022) due to the raw materials price increased

GDP meanwhile income and wages did not exhibit high growth rates. However, most of retailer concerned about that and recognized that the consumers concentrated on conservative spending by limited only

. Merchandise and services exports were expected to exhibit slower growth than the previous assessment. Tourism sector was also expected to expand slower. Private consumption was expected to be weighed down due

in the automotive industry have recovered. As a result, ocean freight began to resume playing a role in the Company's operating results. Cross Border Service is an alternative service that is very

to pay for the building constructions and machines; because the Company began exercising BOI tax privilege, which exempts the corporate income tax for the revenue from the new factory, the tax expense

in August 2018. E-Commerce segment Revenue from e-commerce segment in relation to e-Payment services decreased due mainly to high business competition, especially when commercial banks began big player