balance 0 0 0 0% 0 0 0 0% Net profit by segment 61 90 (28) -32% 125 174 (49) -8% • Declining in sales revenue of rice business is a major impact in declining in gross profit. • Due to business adjustment
with improved efficiency. The net profit margin increased from -6.9% in the 1st quarter of 2020 to 4.7% in the same period of 2021. However, the reported net profit of THB 28.5 Mn includes an adjustment
11 11 1 6% 23 22 1 3% Gross profit 89 69 20 29% 174 142 33 23% • Referring to increase in sales value and retail prices adjustment led to improve in gross profit, comparing to same quarter in last year
MB, representing an increase of 33.6% mainly due to the recording of deferred tax assets from allowance for expected credit losses of accounts receivable and the fair value adjustment through profit or
denominator which result in lower gross profit margin. 2) Product mix 3) Portugal operation takes approximately 3-6 months to negotiate the price adjustment with customers. However, Gross profit margin has
finance lease agreement also increased as a result of financial lease accounting (TFRIC 4) adjustment. • Gross profit of Small Power Producer (SPP) increased by THB 278 million corresponding to lower
46.2% -56.0 -11.5% Cost of Sales 238.2 26.0% 291.8 31.4% 53.6 22.5% Gross profit 156.2 17.1% 169.5 18.3% 13.3 8.5% Profit (loss) Fair value adjustment of investment property -3.6 -0.4% 6.1 0.7% 9.7 269.4
subsidiary Aphakorn Industries Company Limited change status from an associate to a subsidiary which receive repayment from PA Capital Company Limited is making a profit from fair value adjustment of 6.14
attributable to Owners of the Parent excluding Foreign Exchange Gain/Loss and related tax, impact from TFRS 9 and TFRS 16 Accounting Standard and one-time accounting adjustment. 8 Net profit margin is calculated
Exchange Gain/Loss and related tax, impact from TFRS 9 and TFRS 16 Accounting Standard and one-time accounting adjustment. 9 Net profit margin is calculated by dividing the Net Profit attributable to Owners