conducting its business at a high standard of Good Corporate Governance practices, particularly regarding the rights and equitable treatment of its shareholders. It is our responsibility to enhance the

creates or enhances an asset or work in progress that the customer controls as the asset is created or enhanced, and hence revenue is recognised over time by reference to the progress towards completing the

recognized as revenue once the installation and commissioning are conducted in relation to work progress. Other Current Assets Other current assets comprises of advance payment, undue VAT, A/R Revenue

individual auditors’ engagement. The overall results of the inspection conducted on 13 audit firms in 2016 during the third cycle, which is between 2016 to 2018, indicated continuous improvement from the

previous quarter. Inventories increased by 71. 5 MB, representing an increase of 8. 3% because during in Q3- 2022, the several large projects were in the process. Major projects in progress such as the

consists of advance payment for purchase of land Baht 100 million and leasehold improvement, equipment and computer software Baht 181 million Finance Costs In 2019, The Company had total interest paid of

high-technology products, an increase in price of the Company’s core raw material, copper foil, due to an unbalanced demand/supply in the market, as well as the appreciation of the THB in a short period

improvement was driven by decreases in administrative expenses and finance cost. In 2Q20, the Company reported EBITDA from Hotel Business of THB -257 million, decreased by 684.1% YoY and in 6M20 of THB -68

“Need Improvement” and subject to mandatory follow-up in the next cycle has dropped significantly. This progress was contributed by audit firms’ continuing emphasis on quality improvement. Heads - 02 - of

second round of COVID-19 epidemic subsided. In addition, there was an improvement in economic activity and continued support from government measures. Although, the government spending became contraction