Report of operating result of Q4/2022

In 4Q22, the Company posted THB 1,711.82 million in sales, increased by THB 119.38 million or 7.50% from the same period last year. Majority of sales (68.38%) came from exports to international markets and sales from foreign subsidiaries of the Company (Myanmar, United Kingdom and Australia).

Cons was 56%, Flexs was 20%, Paper was 7%, and Trading was 17% of Total revenue in 4Q22.

Cost of Sales of 4Q22 was THB 1,464.28 million, increased from prior year THB 103.82 million or 7.63%, resulted from higher raw material cost which related to the higher sales.

The Company recorded its profit at THB 78.73 million increased from THB 21.55 million the same period of last year.

EBITDA increased by THB 61.09 million or by 49.69% YoY, resulted from the increase in total revenue and gross profit margin as mentioned above. The Company intends to increase profitability and sales to strengthen utilisation rate and operating results of the Company.