affected and may be left behind if there is no collaborative effort to address the issues from all sectors. Research by UNDP shows a decline in government budget for biodiversity management over the past

. Our Thailand operation decreased slightly more than the industry volume due to higher proportion of pick-up truck business which experienced a higher decline than passenger cars. Portugal and China

increase efficiency, reduce costs and facilitate market accessibility. The DLT pilot project will apply to corporate bond business.

, the Company and its subsidiaries recorded total sales of Baht 1,222 million, a decrease of 6% YoY, occurred from a decline in Domestic Branded sales. This decrease was mainly from the food service

from additional investment in machinery to improve production efficiency, reduce production cost, and prepare for increased level of production; 3) lower sales proportion in Branded domestic sales which

decreased as a result of the decline in retail and wholesale sales. 2 I 9 Management Discussion & Analysis 2023 Nevertheless, some channels had an increase in sale revenue which include (1) Commercial sales

Dubai crude in Q1/2020 was at 50.41 $/BBL, a decline of 11.63 $/BBL, or a decline approaching almost 20% from the previous quarter. Moreover, the COVID-19 outbreak in Thailand caused demand for fuel

. In addition, the Company also partners with retail stores to provide more installment loans. The Company provides more channels to facilitate financial services to customers and reduce Company’s

, the THB depreciation and a decline in the price of copper used in the production process helped reduce the cost of goods sold (Table 2). Administrative and Selling Expenses Selling, general, and

decrease resulted from closing the branch of IT Junction due to the operating result was unreachable the target. This might help to reduce the loss the non- performing branches in the future. 4. Insurance