range. 2) Car Dealerships Business; Higher sales in dealership business both in Thailand and Malaysia. In Thailand, sales growth was driven by openings of Mazda and MG showroom in Thailand in October 2021

factors that continued to occur since the previous year, such as the production of new high-technology products, an increase in the cost of goods sold resulting from a continuously high cost of raw

on new electric vehicles which resulted in a decrease in automobile output. 2) Car Dealerships Business; Higher sales in dealership business both in Thailand and Malaysia. In Thailand, sales growth was

and orders increase due to higher demand for cars. Thailand and China operations were strong, grew 29.2% and 48.1% year-on-year respectively and outperformed the industry. 2) Car Dealerships and

Results Analysis on Previous Operation According to the economic situation in 2016, the capacity and sales of automobile and motorcycle manufacturing industry which is the main business unit of the Company

growth. However, China operations decreased slightly by 4.8% due to the rapid spread of Covid-19 after the relaxation of China’s zero Covid policy during December which resulted in a decrease in automobile

circumstances. At the same time, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As evidenced, capital adequacy ratio (CAR) of KASIKORNBANK

reduction due to microchip shortage which has negatively impacted total car production in Europe. The dealership business experienced lower sales both in Thailand and Malaysia compared to Q3 2020 mainly due

prepared the production of B100 to follow the new standard of Monoglyceride content not exceeding 0.4%. Together with ability to efficiently manage raw material cost, gross profit was improved from the

global raw materials and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors