Operating Performance Analysis: The company had total sales revenue of 708.44 million Baht, an increase of 63.57 million Baht or 9.86% from the same period last year, which had revenue of 644.87 million Baht. The main sources of revenue were domestic and Asian customers. Other income totaled 12.04 million Baht, consisting of exchange rate gains of 5.38 million Baht, and other income of 6.66 million Baht. Cost of sales was 679.38 million Baht. Selling, General, and Administrative expenses (SG&A) were 21.69 million Baht, a slight decrease from the same quarter last year. Financial costs slightly decreased to 13.27 million Baht. The company's gross profit margin decreased to 4.10%. The company reported a net loss of 0.30 million Baht, a decrease from a net profit of 27.30 million Baht in the same period of the previous year.

Financial Position Analysis: Total assets stood at 2,321.35 million Baht. Trade receivables were 577.62 million Baht, a decrease from year-end due to lower sales. Inventories were 694.62 million Baht, indicating the company's continued efficient inventory management. Total liabilities decreased to 1,354.40 million Baht, down from 1,604.35 million Baht at year-end, due to a reduction in trade payables. Trust receipts debt increased to 994.36 million Baht. The Debt-to-Equity (D/E) Ratio significantly decreased from 1.71 times to 1.40 times, meeting the contractual financial ratio covenants. Net cash flow from operating activities was 164.96 million Baht, an increase from 143.30 million Baht at the end of 2024. Net cash used in financing activities was (2.64) million Baht, compared to (34.68) million Baht at the end of 2024. The current ratio (current assets to current liabilities) was 1.24 times, compared to 1.14 at the end of 2024. Shareholders' Equity increased to 966.96 million Baht from 901.96 million Baht at the end of 2024. The cumulative Return on Equity (ROE) over the past four quarters was 14.39%.

In the second quarter of 2025, the global economy remained volatile due to fluctuations in exchange rates, commodity prices, and U.S. tax policies, leading to uncontrollable cost changes. Additionally, more severe-than-expected weather conditions significantly reduced demand for semi-finished aluminum products in the air-conditioning industry, which is the Company’s key market. Although the Company focused on cost management and improving production efficiency, external factors continued to weigh on its performance, resulting in lower-than-expected operating results. Nevertheless, sales increased by approximately 10% compared to the same period last year. The Company also secured orders from new customers and is co-developing products with potential clients, which are expected to generate additional orders in the near future.