shows a higher gross profit margin than other businesses of the group. However, the group began to recognize revenue since January 2017 at the generating capacity of 16.47 MW. Selling and administration

due to the fixed cost on salaries for the production that was not able to occupy full capacity. Page 2 of 3 (3) Gross profit The Company and its subsidiaries’ gross profit was of Baht 10.23 million

-mounted solar energy, for a total of 18 projects, with the total power purchase agreement capacity of 112.73 MW. Finance costs Q1-2022 Q1-2023 THB Mn THB Mn THB Mn % Finance costs 34.5 43.6 9.1 26.4% Change

increasing in production capacity. 3. Selling expenses For the year end of 2019, the selling expenses was 13.28 million baht or 3.27% from sale revenue compare to 11.38 million baht with is higher in the same

of Baht 1,888.56 million, which increased from the year 2017 by Baht 276.08 million or 17.12% due to the fixed cost on salaries for the production that was not able to occupy full capacity, the

staff and erection staff that was not able to occupy full capacity and the expenses for the erection was higher than estimated budget. The Company recorded an impairment of inventory which was higher than

to B5 to mitigate the impact of rising diesel prices, as the aforementioned measures, the demand for biodiesel and the production capacity was decreased. For the price in 1st quarter of 2022, the

cash equivalents increased by Baht 10. 60 million due to better liquidity of the group as a result from Initial Public Offering (IPO). • Restricted cash decreased by Baht 51. 06 million because repayment

acquired in the third quarter of 2020, was not operate in their full capacity. Since the Group are in the process of improving the machinery’s efficiency to reduce further cost of production. In addition

Power (IRPC-CP Phase 1 and Phase 2) in November 2017, in which GPSC holds 51% equity, allowed the company to expand the electricity generating capacity resulting in an increase in volume of electricity