% YoY mainly from acquisition funding. The average cost of borrowing was 2.9% in FY23. Income Tax was at Bt6,909mn, increasing 12% YoY, following the increase in profit before tax. The effective tax rate

while other non-interest income declined yoy. Overall operating expenses also declined from effective cost management when comparing to the same period last year. The Bank continued to remain prudent when

, registering a growth of 45% QoQ and 21% YoY), positive contract adjustments and inventory gains  Our company-wide cost and business transformation, Project Olympus, yielded US$67M during the quarter, on track

sales compared to the same period of 2018 which has cost of sales 767.27 million baht or 88.70% of sales due to proper product management and effective resulting in reduced cost of sales. - Selling and

proper product management and effective resulting in reduced cost of sales. Yours Sincerely, Mr. Perapol Suwannapasri Managing Director

with the same period in 2016 decreased from THB 88.79 million to 78.12 million or decreased THB 10.67 million or 12.01% because of effective cost management. Net profit of Company’s operation Net profit

from the last year because of inventory management and effective manufacturing cost control. 3. Gross profit margin was 3.56% of Revenue from sale and service, increased from last year that gross profit

company had an strictly and effective stock management and cost control of raw material. Expense In the first quarter of 2020, the company had the selling cost of 5.12 million baht, decreased by 3.35

or 36.72% because of effective cost control. Net Loss of Company’s operation Net Loss of the group of the Company’s operation for the Year End 2018 ended December 31, 2018 when comparing with the year

Baht 349.94 million, which was increased of Baht 47.69 million or 13.63 percent. As a result of effective ownership transferring was increased. These include Baan Pha Piyarom Lake Grande, Baan Pha