Cal-comp Electronics (thailand) Public Co., Ltd.SET: CCET

2025 Q3 Consolidated Interim Financial Statements

Nov 14, 2025 at 8:05 AM UTC · Issued by Cal-comp Electronics (thailand) Public Co., Ltd.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries

Review report and consolidated and separate financial information For the three-month and nine-month periods ended

30 September 2025

Independent Auditor's Report on Review of Interim Financial Information

To the Shareholders of Cal-Comp Electronics (Thailand) Public Company Limited

I have reviewed the accompanying consolidated financial information of Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries ("the Group"), which comprises the consolidated statement of financial position as at 30 September 2025, the related consolidated statements of income and comprehensive income for the three-month and nine-month periods then ended, and the related consolidated statements of changes in shareholders' equity and cash flows for the nine-month period then ended, which are presented in US Dollar and Baht, as well as

the condensed notes to the interim consolidated financial statements. I have also reviewed the separate financial information of Cal-Comp Electronics (Thailand) Public Company Limited

for the same periods (collectively "the interim financial information"). Management is responsible

for the preparation and presentation of this interim financial information in accordance with Thai Accounting Standard 34 Interim Financial Reporting. My responsibility is to express

a conclusion on this interim financial information based on my review.

Scope of review

I conducted my review in accordance with Thai Standard on Review Engagements 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review

procedures. A review is substantially less in scope than an audit conducted in accordance with Thai Standards on Auditing and consequently does not enable me to obtain assurance that

I would become aware of all significant matters that might be identified in an audit. Accordingly, I do not express an audit opinion.

Conclusion

Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard 34 Interim Financial Reporting.

Emphasis of matter

I draw attention to the condensed Note 2 to the interim financial statements, the Company has substantial product sale and raw material purchase transactions with its subsidiaries and related companies. My conclusion is not modified in respect of this matter.

Naraya Srisukh

Certified Public Accountant (Thailand) No. 9188

EY Office Limited

Bangkok: 13 November 2025

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Statements of financial position

As at 30 September 2025

DRA FT

This d o cu m en t is in d r aft fo rm . It is su bject to

r ev iew an d chan ge an d th er efo r e its co n ten ts

nd cUanSn o tDb eorlellaierd)u po n as b ein g accu r ate.

(Unit: Thousa

(Unit: Thousand Baht)

Consolidated financial statements Consolidated financial statements

	Note	30 September 2025	31 December 2024	30 September 2025	31 December 2024
		(Unaudited but reviewed)	(Audited)	(Unaudited but reviewed)	(Audited)
Assets
Current assets
Cash and cash equivalents		184,024	171,556	5,943,846	5,830,827
Trade and other current receivables	2,3	937,620	964,580	30,284,480	32,784,005
Inventories		531,913	458,691	17,180,404	15,589,934
Advances payment for raw materials and molds		15,149	10,831	489,287	368,106
Other current financial assets		8,055	1,354	260,177	46,018
Other current assets		140,435	224,389	4,535,988	7,626,498
Assets held for sale	4	-	13,453	-	457,238
Total current assets		1,817,196	1,844,854	58,694,182	62,702,626
Non-current assets
Restricted bank deposits		133	118	4,292	4,019
Other non-current financial assets		33	33	1,052	1,107
Investments in associates	5.1	69,381	66,965	2,240,966	2,275,989
Property, plant and equipment	7	500,883	484,813	16,178,161	16,477,753
Right-of-use assets		13,989	15,336	451,831	521,247
Deferred tax assets		3,697	4,760	119,395	161,770
Plan assets for long-term employee benefits		4,785	4,761	154,550	161,801
Other non-current assets		40,388	20,752	1,304,545	705,329
Total non-current assets		633,289	597,538	20,454,792	20,309,015
Total assets		2,450,485	2,442,392	79,148,974	83,011,641

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

Statements of financial position (continued) As at 30 September 2025

DRA FT

This d o cu m en t is in d raft fo rm . It is su bject to

r ev iew an d cha n g e a n d therefo r e its co n ten ts can n o t be r elied u po n as b ein g accu r ate.

(Unit: Thousand US Dollar)

(Unit: Thousand Baht)

Consolidated financial statements Consolidated financial statements

	Note	30 September 2025	31 December 2024	30 September 2025	31 December 2024
		(Unaudited but reviewed)	(Audited)	(Unaudited but reviewed)	(Audited)
Liabilities and shareholders' equity
Current liabilities
Short-term loans from financial institutions	8	326,332	173,560	10,540,282	5,898,934
Trade and other current payables	2,9	1,050,579	1,062,795	33,932,961	36,122,119
Current portion of lease liabilities		2,859	2,906	92,343	98,752
Corporate income tax payable		6,003	3,493	193,878	118,705
Other current financial liabilities		457	106	14,756	3,616
Other current liabilities		25,268	30,169	816,157	1,025,385
Liabilities held for sale	4	-	3,057	-	103,915
Total current liabilities		1,411,498	1,276,086	45,590,377	43,371,426
Non-current liabilities
Long-term loans, net of current portion	10	232,566	351,408	7,511,735	11,943,611
Lease liabilities, net of current portion		11,102	12,015	358,587	408,356
Long-term loan from related party	2	-	19,476	-	661,941
Non-current provision for employee benefits		14,020	12,616	452,844	428,778
Deferred tax liabilities		1,239	2,221	40,031	75,502
Other non-current liabilities		5,944	1,416	191,986	48,110
Total non-current liabilities		264,871	399,152	8,555,183	13,566,298
Total liabilities		1,676,369	1,675,238	54,145,560	56,937,724
Shareholders' equity
Share capital
Registered share capital
10,450,002,831 ordinary share of 1 Baht each		307,334	307,334	10,450,003	10,450,003
Issued and fully paid-up share capital
10,450,002,831 ordinary share of 1 Baht each		307,334	307,334	10,450,003	10,450,003
Share premium		170,072	170,072	5,745,765	5,745,765
Capital reserve for share-based payment transactions		15,120	12,590	493,881	408,064
Capital surplus from change in shareholding in the subsidiaries Retained earnings Appropriated - statutory reserve		248 31,100	248 31,100	3,069 1,045,000	3,069 1,045,000
Unappropriated		338,775	353,169	11,129,790	11,601,458
Other components of shareholders' equity		(88,821)	(105,846)	(3,873,408)	(3,127,871)
Reserve for assets disposal group classified as held for sale		-	(6,573)	-	(223,550)
Equity attributable to owners of the Company		773,828	762,094	24,994,100	25,901,938
Non-controlling interests of the subsidiaries		288	5,060	9,314	171,979
Total shareholders' equity		774,116	767,154	25,003,414	26,073,917
Total liabilities and shareholders' equity		2,450,485	2,442,392	79,148,974	83,011,641
		-	-	-	-

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

Directors

DRA FT

This d o cu m en t is in d r aft fo rm . It is su bject to

r ev iew a n d chan g e an d ther efo r e its co n ten ts

US Dollar)

can n o t be r elied u po n as b ein g a ccu ra te.

(Unit: Thousand

(Unit: Thousand Baht)

Statements of financial position As at 30 September 2025

Separate financial statements Separate financial statements

	Note	30 September 2025	31 December 2024	30 September 2025	31 December 2024
		(Unaudited but reviewed)	(Audited)	(Unaudited but reviewed)	(Audited)
Assets Current assets Cash and cash equivalents		9,151	29,527	295,565	1,003,546
Trade and other current receivables	2, 3	882,851	740,748	28,515,462	25,176,441
Inventories		457,589	352,992	14,779,818	11,997,451
Advances payment for raw materials and molds		13,904	9,913	449,088	336,927
Other current assets		58,148	42,090	1,878,153	1,430,516
Assets held for sale	4	-	35	-	1,200
Total current assets		1,421,643	1,175,305	45,918,086	39,946,081
Non-current assets Investments in associates	5.1	67,003	64,337	2,164,155	2,186,682
Investments in subsidiaries	6.1	431,537	415,641	13,938,330	14,126,751
Property, plant and equipment	7	376,769	355,004	12,169,364	12,065,816
Right-of-use assets		453	43	14,635	1,472
Deferred tax assets		976	976	31,511	33,166
Other non-current assets		15,751	73	508,772	2,480
Total non-current assets		892,489	836,074	28,826,767	28,416,367
Total assets		2,314,132	2,011,379	74,744,853	68,362,448

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Statements of financial position (continued)

As at 30 September 2025

DRA FT

Th is d o cu m en t i s in d raft fo rm . It is su b ject to

r ev iew an d chan ge an d therefo r e i ts c o n ten ts can n o t be r elied u po n as bein g acc u rate.

(Unit: Thousand US Dollar)

(Unit: Thousand Baht)

Separate financial statements Separate financial statements

	Note	30 September 2025	31 December 2024	30 September 2025	31 December 2024
		(Unaudited but reviewed)	(Audited)	(Unaudited but reviewed)	(Audited)
Liabilities and shareholders' equity Current liabilities
Short-term loans from financial institutions	8	297,217	136,411	9,599,913	4,636,311
Trade and other current payables	2,9	922,292	723,594	29,789,392	24,593,399
Current portion of lease liabilities		373	49	12,032	1,669
Corporate income tax payable		1,471	211	47,501	7,177
Other current liabilities		1,415	2,959	45,717	100,568
Liabilities held for sale	4	-	561	-	19,072
Total current liabilities		1,222,768	863,785	39,494,555	29,358,196
Non-current liabilities Long-term loans, net of current portion	10	152,873	214,518	4,937,704	7,290,993
Lease liabilities, net of current portion		98	-	3,156	-
Non-current provision for employee benefits Provision for transaction under equity method of investments in subsidiaries	6.1	11,535 153,030	10,504 160,478	372,573 4,942,765	357,022 5,454,299
Total non-current liabilities		317,536	385,500	10,256,198	13,102,314
Total liabilities		1,540,304	1,249,285	49,750,753	42,460,510
Shareholders' equity Share capital
Registered share capital
10,450,002,831 ordinary share of 1 Baht each		307,334	307,334	10,450,003	10,450,003
Issued and fully paid-up share capital
10,450,002,831 ordinary share of 1 Baht each		307,334	307,334	10,450,003	10,450,003
Share premium		170,072	170,072	5,745,765	5,745,765
Capital reserve for share-based payment transactions		15,120	12,590	493,881	408,064
Capital surplus from change in shareholding in the subsidiaries		248	248	3,069	3,069
Retained earnings
Appropriated - statutory reserve		31,100	31,100	1,045,000	1,045,000
Unappropriated		338,775	353,169	11,129,790	11,601,458
Other components of shareholders' equity		(88,821)	(105,846)	(3,873,408)	(3,127,871)
Reserve for assets disposal group classified as held for sale		-	(6,573)	-	(223,550)
Total shareholders' equity		773,828	762,094	24,994,100	25,901,938
Total liabilities and shareholders' equity		2,314,132	2,011,379	74,744,853	68,362,448
		-	-	-	-

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

Directors

DRA FT

Th is d o cu m en t is in d raft fo rm . It is su bject to

r ev iew an d chan ge an d therefo r e its co n ten ts can n o t be relied u po n as bein g accu ra te.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Income statement For the three-month period ended 30 September 2025

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Consolidated financial statements Consolidated financial statements

	Note	2025	2024	2025	2024
Revenues
Sales	2	1,110,850	1,145,562	36,033,256	38,955,607
Service income		2,609	1,381	84,602	46,977
Gain on derivative instruments		-	32,479	-	1,104,465
Exchange gains		589	-	19,093	-
Other income		2,250	1,513	73,080	51,449
Total revenues		1,116,298	1,180,935	36,210,031	40,158,498
Expenses
Cost of sales	2	1,054,395	1,081,742	34,202,005	36,785,371
Cost of service		2,405	1,320	78,018	44,892
Selling and distribution expenses		5,391	6,665	174,888	226,663
Administrative expenses	2	23,719	25,821	769,378	878,029
Loss on financial assets and derivative instruments		550	3,371	17,857	114,630
Exchange losses		-	34,001	-	1,156,224
Other expenses		7,710	-	250,100	-
Total expenses		1,094,170	1,152,920	35,492,246	39,205,809
Operating profit		22,128	28,015	717,785	952,689
Share of gain from investments in associates	5.2	32	2,377	1,030	80,813
Finance income		2,878	3,208	93,353	109,085
Finance cost		(6,117)	(6,898)	(198,412)	(234,566)
Profit before income tax expenses		18,921	26,702	613,756	908,021
Income tax expenses	11	(2,539)	(6,822)	(82,369)	(231,990)
Profit for the period		16,382	19,880	531,387	676,031
Profit attributable to:
Equity holders of the Company		16,381	20,117	531,363	684,085
Non-controlling interests of the subsidiaries		1	(237)	24	(8,054)
		16,382	19,880	531,387	676,031
			(Unit: US Dollar)		(Unit: Baht)
Earnings per share
Basic earnings per share
Profit attributable to equity holders of the Company		0.0016	0.0019	0.05	0.07

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

DRA FT

Th is d o cu m en t is in d raft fo rm . It is su bject to

rev iew an d chan ge an d ther efo re its co n ten ts c an n o t be r elied u po n as bein g accu rate.

(Unaudited but reviewed)

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Statement of comprehensive income For the three-month period ended 30 September 2025

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Consolidated financial statements Consolidated financial statements

Note 2025 2024 2025 2024

Profit for the period 16,382 19,880 531,387 676,031 Other comprehensive income:

Other comprehensive income to be reclassified to profit or loss in subsequent periods

Exchange differences on translation of

financial statements in foreign currency Share of other comprehensive income from investments in associates	5.2	5,082 -	6,203 28	164,836 13		210,950 935
Other comprehensive income to be reclassified
to profit or loss in subsequent periods - net of income tax	5,082		6,231		164,849		211,885
Other comprehensive income not to be reclassified to profit or loss in subsequent periods Exchange differences on translation of financial statements in functional currency to presentation currency	-		-		(201,976)		(3,483,203)
Loss on investments in equity designated at fair value through other comprehensive income	-		(82)		-		(2,832)
Less: Income tax effect	2		-		46		-
Other comprehensive income not to be reclassified to profit or loss in subsequent periods - net of income tax	2		(82)		(201,930)		(3,486,035)
Other comprehensive income for the period	5,084		6,149		(37,081)		(3,274,150)
Total comprehensive income for the period	21,466		26,029		494,306		(2,598,119)
Total comprehensive income attributable to: Equity holders of the Company	21,465		26,266		494,340		(2,565,305)
Non-controlling interests of the subsidiaries	1		(237)		(34)		(32,814)
	21,466		26,029		494,306		(2,598,119)

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

DRA FT

This d o cu m en t is in d raft fo rm . It is su bject to

rev iew an d chan ge an d ther efo r e its c o n ten ts can n o t be r elied u po n as b ein g accu r ate.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Income statement For the three-month period ended 30 September 2025

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Separate financial statements Separate financial statements

	Note	2025	2024	2025	2024
Revenues
Sales	2	1,005,440	918,473	32,614,017	31,233,290
Other income	2	1,740	1,349	56,444	45,862
Total revenues		1,007,180	919,822	32,670,461	31,279,152
Expenses
Cost of sales	2	963,788	892,179	31,262,925	30,339,127
Selling and distribution expenses		1,170	986	37,961	33,517
Administrative expenses	2	11,746	13,238	381,004	450,146
Loss on financial assets and derivative instruments		474	980	15,371	33,325
Exchange losses		608	26,152	19,743	889,318
Total expenses		977,786	933,535	31,717,004	31,745,433
Operating profit (loss)		29,394	(13,713)	953,457	(466,281)
Share of gain from investments in associates	5.2	32	2,377	1,030	80,813
Share of gain (loss) from investments in subsidiaries	6.2	(8,810)	35,815	(285,795)	1,217,921
Finance income		6	40	226	1,359
Finance cost		(3,635)	(4,291)	(117,916)	(145,924)
Profit before income tax expenses		16,987	20,228	551,002	687,888
Income tax expenses	11	(606)	(111)	(19,639)	(3,803)
Profit for the period		16,381	20,117	531,363	684,085
			(Unit: US Dollar)		(Unit: Baht)
Earnings per share
Basic earnings per share
Profit attributable to equity holders of the Company		0.0016	0.0019	0.05	0.07

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

DRA FT

This d o cu m en t is in d raft fo rm . It is su b ject to

rev iew an d chan g e an d therefo re its co n ten ts can n o t be relied u po n as b ein g accu rate.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Statement of comprehensive income For the three-month period ended 30 September 2025

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Separate financial statements Separate financial statements

Note 2025 2024 2025 2024

Profit for the period 16,381 20,117 531,363 684,085

Other comprehensive income: Other comprehensive income to be reclassified to profit or loss in subsequent periods Share of other comprehensive income from investments in associates	5.2	-	28	13	935
Share of other comprehensive income from investments in subsidiaries	6.2	5,082	6,203	164,836	210,950
Other comprehensive income to be reclassified
to profit or loss in subsequent periods - net of income tax		5,082	6,231	164,849	211,885
Other comprehensive income not to be reclassified to profit or loss in subsequent periods Exchange differences on translation of financial statements in functional currency to presentation currency		-	-	(201,918)	(3,458,443)
Share of other comprehensive income from
investments in subsidiaries Less: Income tax effect	6.2	-2	(82) -	-46	(2,832) -
Other comprehensive income not to be reclassified to profit or loss in subsequent periods - net of income	tax	2	(82)	(201,872)	(3,461,275)
Other comprehensive income for the period		5,084	6,149	(37,023)	(3,249,390)
Total comprehensive income for the period		21,465	26,266	494,340	(2,565,305)

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

DRA FT

This d o cu m en t is in d raft fo rm . It is su b ject to

rev iew an d chan g e an d therefo re its co n ten ts can n o t be relied u po n as b ein g accu rate.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Income statement For the nine-month period ended 30 September 2025

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Consolidated financial statements Consolidated financial statements

	Note	2025	2024	2025	2024
Revenues
Sales	2	3,089,650	3,001,980	102,095,317	106,594,839
Service income		8,254	5,791	273,571	207,240
Gain on derivative instruments		12,778	5,057	414,528	116,912
Other income		4,695	5,130	154,179	182,217
Total revenues		3,115,377	3,017,958	102,937,595	107,101,208
Expenses
Cost of sales	2	2,925,357	2,836,231	96,665,452	100,709,113
Cost of service		7,622	5,297	252,602	189,397
Selling and distribution expenses		14,332	14,082	472,483	496,876
Administrative expenses	2	70,452	69,300	2,327,571	2,465,128
Loss on financial assets and derivative instruments		-	5,167	-	180,870
Exchange losses		23,021	13,219	754,066	407,626
Other expenses		12,383	-	408,444	-
Total expenses		3,053,167	2,943,296	100,880,618	104,449,010
Operating profit		62,210	74,662	2,056,977	2,652,198
Share of gain from investments in associates	5.2	2,661	5,286	88,502	186,885
Finance income		8,022	9,924	265,435	353,166
Finance cost		(16,370)	(22,671)	(540,793)	(806,446)
Profit before income tax expenses		56,523	67,201	1,870,121	2,385,803
Income tax expenses	11	(8,334)	(12,295)	(275,761)	(432,118)
Profit for the period		48,189	54,906	1,594,360	1,953,685
Profit attributable to:
Equity holders of the Company		48,906	55,808	1,618,371	1,985,892
Non-controlling interests of the subsidiaries		(717)	(902)	(24,011)	(32,207)
		48,189	54,906	1,594,360	1,953,685
			(Unit: US Dollar)		(Unit: Baht)
Earnings per share
Basic earnings per share
Profit attributable to equity holders of the Company		0.0047	0.0053	0.15	0.19

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

DRA FT

This d o cu m en t is in d raft fo rm . It is su b ject to

rev iew an d chan g e an d therefo re its co n ten ts can n o t be relied u po n as b ein g accu rate.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Statement of comprehensive income For the nine-month period ended 30 September 2025

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Consolidated financial statements Consolidated financial statements

Note 2025 2024 2025 2024

Profit for the period 48,189 54,906 1,594,360 1,953,685

Other comprehensive income: Other comprehensive income to be reclassified to profit or loss in subsequent periods Exchange differences on translation of financial statements in foreign currency		17,883	(12,862)	596,632	(487,624)
Exchange differences on translation of financial statements in foreign currency recycled to profit or loss		5,710	-	194,375	-
Share of other comprehensive income from investments in associates	5.2	5	7	167	269
Other comprehensive income to be reclassified
to profit or loss in subsequent periods - net of income tax		23,598	(12,855)	791,174	(487,355)
Other comprehensive income not to be reclassified to profit or loss in subsequent periods Exchange differences on translation of financial statements in functional currency to presentation currency		-	-	(1,318,609)	(1,457,166)
Gain on investments in equity designated at fair value through other comprehensive income		-	370	-	13,870
Less: Income tax effect		(1)	36	(38)	1,287
Other comprehensive income not to be reclassified to profit or loss in subsequent periods - net of income tax		(1)	406	(1,318,647)	(1,442,009)
Other comprehensive income for the period		23,597	(12,449)	(527,473)	(1,929,364)
Total comprehensive income for the period		71,786	42,457	1,066,887	24,321
Total comprehensive income attributable to: Equity holders of the Company		72,503	43,359	1,096,346	65,414
Non-controlling interests of the subsidiaries		(717)	(902)	(29,459)	(41,093)
		71,786	42,457	1,066,887	24,321

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

DRA FT

This d o cu m en t is in d raft fo rm . It is su b ject to

rev iew an d chan g e an d therefo re its co n ten ts can n o t be relied u po n as b ein g accu rate.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Income statement For the nine-month period ended 30 September 2025

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Separate financial statements Separate financial statements

	Note	2025	2024	2025	2024
Revenues
Sales	2	2,631,479	2,348,027	86,899,325	83,313,278
Other income	2	3,516	3,814	116,084	135,595
Total revenues		2,634,995	2,351,841	87,015,409	83,448,873
Expenses
Cost of sales	2	2,538,400	2,286,279	83,833,410	81,131,551
Selling and distribution expenses		3,266	2,868	107,894	101,912
Administrative expenses	2	35,601	31,109	1,177,051	1,098,109
Loss on financial assets and derivative instruments		2,485	1,413	83,066	49,284
Exchange losses		4,864	9,061	160,357	272,921
Total expenses		2,584,616	2,330,730	85,361,778	82,653,777
Operating profit		50,379	21,111	1,653,631	795,096
Share of gain from investments in associates	5.2	2,661	5,286	88,502	186,885
Share of gain from investments in subsidiaries	6.2	6,537	44,543	228,802	1,542,191
Finance income		88	1,802	2,918	65,117
Finance cost		(9,258)	(16,262)	(305,748)	(579,341)
Profit before income tax expenses		50,407	56,480	1,668,105	2,009,948
Income tax expenses	11	(1,501)	(672)	(49,734)	(24,056)
Profit for the period		48,906	55,808	1,618,371	1,985,892
			(Unit: US Dollar)		(Unit: Baht)
Earnings per share
Basic earnings per share
Profit attributable to equity holders of the Company		0.0047	0.0053	0.15	0.19

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

DRA FT

This d o c u m en t is in d raft fo rm . It is su b ject to

rev iew an d chan ge an d therefo re its co n ten ts can n o t be relied u po n as bein g ac cu rate.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Statement of comprehensive income For the nine-month period ended 30 September 2025

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Separate financial statements Separate financial statements

Note 2025 2024 2025 2024

Profit for the period 48,906 55,808 1,618,371 1,985,892

Other comprehensive income: Other comprehensive income to be reclassified to profit or loss in subsequent periods Share of other comprehensive income from investments in associates	5.2	5	7	167	269
Share of other comprehensive income from investments in subsidiaries	6.2	17,020	(12,862)	567,457	(487,624)
Share of other comprehensive income from investments in subsidiaries recycled to profit or loss		6,573	-	223,550	-
Other comprehensive income to be reclassified
to profit or loss in subsequent periods - net of income tax		23,598	(12,855)	791,174	(487,355)
Other comprehensive income not to be reclassified to profit or loss in subsequent periods Exchange differences on translation of financial statements in functional currency to presentation currency		-	-	(1,313,161)	(1,448,280)
Share of other comprehensive income from
investments in subsidiaries	6.2	-	370	-	13,870
Less: Income tax effect		(1)	36	(38)	1,287
Other comprehensive income not to be reclassified to profit or loss in subsequent periods - net of income	tax	(1)	406	(1,313,199)	(1,433,123)
Other comprehensive income for the period		23,597	(12,449)	(522,025)	(1,920,478)
Total comprehensive income for the period		72,503	43,359	1,096,346	65,414

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

Consolidated financial statements

Equity attributable to owners of the Company

(Unit: Thousand US Dollar)

			Exchange	Share of other	Loss on
Capital reserve	Capital surplus		differences on	comprehensive	investments in equity	Total other	Reserve for assets	Total equity	Equity attributable
for share-based	from change in	Retained earnings	translation of	income from	designated at fair value	components of	disposal group	attributable to	to non-controlling	Total

Other components of shareholders' equity Other comprehensive income

Issued and

Note	fully paid-up share capital	Share premium	payment transactions	shareholding in the subsidiaries	Appropriated - statutory reserve	Unappropriated	financial statements	investments in associates	through other comprehensive income	shareholders' equity	classified as held for sale	owners of the Company	interests of the subsidiaries	shareholders' equity
	307,334	170,072	10,815	257	31,100	322,002	(74,736)	(858)	(5,842)	(81,436)	-	760,144	6,185	766,329
	-	-	-	-	-	55,808	-	-	-	-	-	55,808	(902)	54,906
	-	-	-	-	-	36	(12,862)	7	370	(12,485)	-	(12,449)	-	(12,449)
	-	-	-	-	-	55,844	(12,862)	7	370	(12,485)	-	43,359	(902)	42,457
12	-	-	-	-	-	(42,685)	-	-	-	-	-	(42,685)	-	(42,685)
	-	-	1,775	-	-	-	-	-	-	-	-	1,775	-	1,775
	-	-	-	(9)	-	-	-	-	-	-	-	(9)	4	(5)
	-	-	-	-	-	(34)	-	-	34	34	-	-	-	-
	307,334	170,072	12,590	248	31,100	335,127	(87,598)	(851)	(5,438)	(93,887)	-	762,584	5,287	767,871
	307,334	170,072	12,590	248	31,100	353,169	(99,461)	(980)	(5,405)	(105,846)	(6,573)	762,094	5,060	767,154
	-	-	-	-	-	48,906	-	-	-	-	-	48,906	(717)	48,189
	-	-	-	-	-	(1)	17,883	5	-	17,888	5,710	23,597	-	23,597
	-	-	-	-	-	48,905	17,883	5	-	17,888	5,710	72,503	(717)	71,786
12	-	-	-	-	-	(63,299)	-	-	-	-	-	(63,299)	-	(63,299)
	-	-	2,530	-	-	-	-	-	-	-	-	2,530	-	2,530
	-	-	-	-	-	-	(863)	-	-	(863)	863	-	-	-
	-	-	-	-	-	-	-	-	-	-	-	-	(4,055)	(4,055)
	307,334	170,072	15,120	248	31,100	338,775	(82,441)	(975)	(5,405)	(88,821)	-	773,828	288	774,116
	-	-	-	-	-	-				-	-	-	-	-

Balance as at 1 January 2024

Profit for the period

Other comprehensive income for the period Total comprehensive income for the period Dividend paid

Share-based payment transactions Decrease in capital surplus from change in shareholding in the subsidiaries

Loss on derecognition of financial assets designated at fair value through other comprehensive income Balance as at 30 September 2024

Balance as at 1 January 2025

Profit for the period

Other comprehensive income for the period Total comprehensive income for the period Dividend paid

Share-based payment transactions

Decrease in reserve for assets disposal group classified as held for sale

Decrease in equity attributable to non-controlling interests of the subsidiaries

Balance as at 30 September 2025

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

Consolidated financial statements

Equity attributable to owners of the Company

(Unit: Thousand Baht)

			Exchange	Share of other	Loss on
Capital reserve	Capital surplus		differences on	comprehensive	investments in equity	Total other	Reserve for assets	Total equity	Equity attributable
for share-based	from change in	Retained earnings	translation of	income from	designated at fair value	components of	disposal group	attributable to	to non-controlling	Total

Other components of shareholders' equity Other comprehensive income

Issued and

Note	fully paid-up share capital	Share premium	payment transactions	shareholding in the subsidiaries	Appropriated - statutory reserve	Unappropriated	financial statements	investments in associates	through other comprehensive income	shareholders' equity	classified as held for sale	owners of the Company	interests of the subsidiaries	shareholders' equity
	10,450,003	5,745,765	347,703	3,379	1,045,000	10,517,119	(1,875,317)	(22,250)	(196,758)	(2,094,325)	-	26,014,644	211,667	26,226,311
	-	-	-	-	-	1,985,892	-	-	-	-	-	1,985,892	(32,207)	1,953,685
	-	-	-	-	-	1,287	(1,935,904)	269	13,870	(1,921,765)	-	(1,920,478)	(8,886)	(1,929,364)
	-	-	-	-	-	1,987,179	(1,935,904)	269	13,870	(1,921,765)	-	65,414	(41,093)	24,321
12	-	-	-	-	-	(1,515,250)	-	-	-	-	-	(1,515,250)	-	(1,515,250)
	-	-	60,361	-	-	-	-	-	-	-	-	60,361	-	60,361
	-	-	-	(310)	-	-	-	-	-	-	-	(310)	143	(167)
	-	-	-	-	-	(1,141)	-	-	1,141	1,141	-	-	-	-
	10,450,003	5,745,765	408,064	3,069	1,045,000	10,987,907	(3,811,221)	(21,981)	(181,747)	(4,014,949)	-	24,624,859	170,717	24,795,576
	10,450,003	5,745,765	408,064	3,069	1,045,000	11,601,458	(2,920,946)	(26,319)	(180,606)	(3,127,871)	(223,550)	25,901,938	171,979	26,073,917
	-	-	-	-	-	1,618,371	-	-	-	-	-	1,618,371	(24,011)	1,594,360
	-	-	-	-	-	(38)	(716,529)	167	-	(716,362)	194,375	(522,025)	(5,448)	(527,473)
	-	-	-	-	-	1,618,333	(716,529)	167	-	(716,362)	194,375	1,096,346	(29,459)	1,066,887
12	-	-	-	-	-	(2,090,001)	-	-	-	-	-	(2,090,001)	-	(2,090,001)
	-	-	85,817	-	-	-	-	-	-	-	-	85,817	-	85,817
	-	-	-	-	-	-	(29,175)	-	-	(29,175)	29,175	-	-	-
	-	-	-	-	-	-	-	-	-	-	-	-	(133,206)	(133,206)
	10,450,003	5,745,765	493,881	3,069	1,045,000	11,129,790	(3,666,650)	(26,152)	(180,606)	(3,873,408)	-	24,994,100	9,314	25,003,414
	-	-	-	-	-	-				-	-	-	-	-

Balance as at 1 January 2024

Profit for the period

Other comprehensive income for the period Total comprehensive income for the period Dividend paid

Share-based payment transactions Decrease in capital surplus from change in shareholding in the subsidiaries

Loss on derecognition of financial assets designated at fair value through other comprehensive income Balance as at 30 September 2024

Balance as at 1 January 2025

Profit for the period

Other comprehensive income for the period Total comprehensive income for the period Dividend paid

Share-based payment transactions

Decrease in reserve for assets disposal group classified as held for sale

Decrease in equity attributable to non-controlling interests of the subsidiaries

Balance as at 30 September 2025

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Statement of changes in shareholders' equity

For the nine-month period ended 30 September 2025

DRA FT

Th is d o cu m en t is in d raft fo rm . It is su bject to r ev iew an d c han ge an d therefore its c on ten ts

c an n o t be relied u po n as bein g ac cu rate.

Separate financial statements

Other components of shareholders' equity Other comprehensive income

(Unit: Thousand US Dollar)

			Share of other
			comprehensive	Loss on
Capital reserve	Capital surplus		income from	investments in equity	Total other	Reserve for assets
for share-based	from change in	Retained earnings	investments in	designated at fair value	components of	disposal group Total

Issued and

	Note	fully paid-up share capital	Share premium	payment transactions	shareholding in the subsidiaries	Appropriated - statutory reserve	Unappropriated	associates and subsidiaries	through other comprehensive income	shareholders' equity	classified as held for sale	shareholders' equity
Balance as at 1 January 2024		307,334	170,072	10,815	257	31,100	322,002	(77,594)	(3,842)	(81,436)	-	760,144
Profit for the period		-	-	-	-	-	55,808	-	-	-	-	55,808
Other comprehensive income for the period		-	-	-	-	-	36	(12,485)	-	(12,485)	-	(12,449)
Total comprehensive income for the period		-	-	-	-	-	55,844	(12,485)	-	(12,485)	-	43,359
Dividend paid	12	-	-	-	-	-	(42,685)	-	-	-	-	(42,685)
Share-based payment transactions		-	-	1,775	-	-	-	-	-	-	-	1,775
Decrease in capital surplus from change in
shareholding in the subsidiaries		-	-	-	(9)	-	-	-	-	-	-	(9)
Loss on derecognition of financial assets designated
at fair value through other comprehensive income		-	-	-	-	-	(34)	34	-	34	-	-
Balance as at 30 September 2024		307,334	170,072	12,590	248	31,100	335,127	(90,045)	(3,842)	(93,887)	-	762,584
Balance as at 1 January 2025		307,334	170,072	12,590	248	31,100	353,169	(102,004)	(3,842)	(105,846)	(6,573)	762,094
Profit for the period		-	-	-	-	-	48,906	-	-	-	-	48,906
Other comprehensive income for the period		-	-	-	-	-	(1)	17,025	-	17,025	6,573	23,597
Total comprehensive income for the period		-	-	-	-	-	48,905	17,025	-	17,025	6,573	72,503
Dividend paid	12	-	-	-	-	-	(63,299)	-	-	-	-	(63,299)
Share-based payment transactions		-	-	2,530	-	-	-	-	-	-	-	2,530
Balance as at 30 September 2025		307,334	170,072	15,120	248	31,100	338,775	(84,979)	(3,842)	(88,821)	-	773,828
		-	-	-	-	-	-			-	-	-

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Statement of changes in shareholders' equity

For the nine-month period ended 30 September 2025

DRA FT

This d o cu m en t is in d r aft fo r m . It is su b ject to r ev iew an d chan ge an d ther efo r e its co n ten ts

can n o t b e r elied u pon as b ein g acc u r ate.

Separate financial statements

Other components of shareholders' equity

(Unit: Thousand Baht)

										Other comprehensive income
											Share of other
											comprehensive		Loss on
Capital reserve					Capital surplus						income from		investments in equity		Total other		Reserve for assets
Issued and for share-based					from change in		Retained earnings			Exchange differences	investments in		designated at fair value		components of		disposal group Total
		fully paid-up		payment		shareholding in		Appropriated -		on translation of		associates		through other		shareholders'		classified as held	shareholders'
	Note	share capital	Share premium	transactions		the subsidiaries		statutory reserve	Unappropriated	financial statements		and subsidiaries		comprehensive income		equity		for sale	equity
Balance as at 1 January 2024		10,450,003	5,745,765	347,703		3,379		1,045,000	10,517,119	651,699		(2,612,882)		(133,142)		(2,094,325)		-	26,014,644
Profit for the period		-	-	-		-		-	1,985,892	-		-		-		-		-	1,985,892
Other comprehensive income for the period		-	-	-		-		-	1,287	(1,448,280)		(473,485)		-		(1,921,765)		-	(1,920,478)
Total comprehensive income for the period		-	-	-		-		-	1,987,179	(1,448,280)		(473,485)		-		(1,921,765)		-	65,414
Dividend paid	12	-	-	-		-		-	(1,515,250)	-		-		-		-		-	(1,515,250)
Share-based payment transactions		-	-	60,361		-		-	-	-		-		-		-		-	60,361
Decrease in capital surplus from change in
shareholding in the subsidiaries		-	-	-		(310)		-	-	-		-		-		-		-	(310)
Loss on derecognition of financial assets designated
at fair value through other comprehensive income		-	-	-		-		-	(1,141)	-		1,141		-		1,141		-	-
Balance as at 30 September 2024		10,450,003	5,745,765	408,064		3,069		1,045,000	10,987,907	(796,581)		(3,085,226)		(133,142)		(4,014,949)		-	24,624,859
Balance as at 1 January 2025		10,450,003	5,745,765	408,064		3,069		1,045,000	11,601,458	497,153		(3,491,882)		(133,142)		(3,127,871)		(223,550)	25,901,938
Profit for the period		-	-	-		-		-	1,618,371	-		-		-		-		-	1,618,371
Other comprehensive income for the period		-	-	-		-		-	(38)	(1,313,161)		567,624		-		(745,537)		223,550	(522,025)
Total comprehensive income for the period		-	-	-		-		-	1,618,333	(1,313,161)		567,624		-		(745,537)		223,550	1,096,346
Dividend paid	12	-	-	-		-		-	(2,090,001)	-		-		-		-		-	(2,090,001)
Share-based payment transactions		-	-	85,817		-		-	-	-		-		-		-		-	85,817
Balance as at 30 September 2025		10,450,003	5,745,765	493,881		3,069		1,045,000	11,129,790	(816,008)		(2,924,258)		(133,142)		(3,873,408)		-	24,994,100
		-	-	-		-		-	-							-		-	-

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

DRA FT

This d o cu m en t is in d r aft fo r m . It is su bject to

r ev iew an d ch an ge an d ther efo r e its co n ten ts can n o t be r elied u po n as bein g accu r ate.

(Unaudited but reviewed)

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Statement of cash flows

For the nine-month period ended 30 September 2025

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Consolidated financial statements Consolidated financial statements

	2025		2024		2025		2024
Cash flows from operating activities
Profit before tax	56,523		67,201		1,870,121		2,385,803
Adjustments to reconcile profit before tax to net cash
provided by (paid from) operating activities:
Depreciation and amortisation	47,749		53,827		1,578,851		1,917,834
Allowance for expected credit losses (reversal)	(87)		1,543		(2,865)		54,825
Reduction of inventories to net realisable value (reversal)	(4,557)		2,156		(149,702)		76,834
Reversal of allowance for impairment loss on assets	-		(47)		-		(1,683)
Gain on disposal of property, plant and equipment	(598)		(671)		(19,537)		(22,684)
Loss on disposal of investment in a subsidiary	555		-		18,238		-
Loss (gain) on lease modification and termination	13		(224)		383		(6,866)
Share of gain from investments in associates	(2,661)		(5,286)		(88,502)		(186,885)
Long-term employee benefit expenses	1,168		1,310		38,600		46,238
Share-based payment transactions	2,530		1,775		85,817		60,361
Unrealised loss (gain) on derivative instruments	(822)		896		(25,498)		24,395
Unrealised loss (gain) on exchange	(149)		13,159		(4,021)		449,140
Finance income	(8,022)		(9,924)		(265,435)		(353,166)
Interest expenses	15,295		21,441		505,333		761,766
Profit from operating activities before changes
in operating assets and liabilities	106,937	147,156		3,541,783		5,205,912
Operating assets (increase) decrease
Trade and other current receivables	27,871	(133,177)		1,059,844		(4,443,368)
Inventories	(68,841)	(56,298)		(2,130,667)		(1,982,356)
Advances payment for raw materials and molds	(4,318)	(24)		(142,770)		(204)
Other current assets	68,761	(24,959)		2,256,897		(845,558)
Operating liabilities increase (decrease)
Trade and other current payables	(12,722)		196,772		(673,242)		6,986,750
Other current liabilities	(4,884)		(7,130)		(171,518)		(257,367)
Provision for long-term employee benefits	(233)		(227)		(7,596)		(8,205)
Other non-current liabilities	4,528		(58)		147,087		(2,516)
Cash flows from operating activities	117,099		122,055		3,879,818		4,653,088
Interest received	8,022		9,924		265,435		353,166
Corporate income tax paid	(5,744)		(1,749)		(188,493)		(61,884)
Net cash flows from operating activities	119,377		130,230		3,956,760		4,944,370

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

DRA FT

This d o cu m en t is in d r aft fo r m . It is su bject to

r ev iew an d ch an ge an d ther efo r e its co n ten ts can n o t be r elied u po n as bein g accu r ate.

(Unaudited but reviewed)

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Statement of cash flows (continued)

For the nine-month period ended 30 September 2025

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Consolidated financial statements Consolidated financial statements

	2025		2024		2025		2024
Cash flows from investing activities
Proceeds from disposal of an associate	35		-		1,182		-
Proceeds from disposal of a subsidiary	5,948		-		199,591		-
Decrease (increase) in other current financial assets	(5,529)		2,889		(179,345)		97,857
Decrease (increase) in restricted bank deposits	(10)		175		(313)		5,962
Cash paid for additional investments in associates
from non-controlling interest of subsidiary	-		(5)		-		(167)
Dividend received from associate	250		253		8,455		9,101
Cash received from disposal of equity investment	-		910		-		30,946
Acquisition of plant and equipment	(64,512)		(42,027)		(2,131,369)		(1,475,206)
Proceeds from disposal of property, plant and equipment	6,398		13,555		209,561		490,519
Decrease (increase) in other non-current assets	(3,959)		4,930		(129,039)		178,555
Net cash flows used in investing activities	(61,379)		(19,320)		(2,021,277)		(662,433)
Cash flows from financing activities
Increase (decrease) in short-term loans from financial institutions	153,140		(33,937)		4,912,601		(1,280,448)
Cash received from long-term loans	436,130		142,176		14,515,403		4,834,779
Repayment of long-term loan from a related party	(19,665)		-		(637,880)		-
Repayment of long-term loans	(555,230)		(189,000)		(18,318,332)		(6,868,252)
Payment of principal portion of lease liabilities	(3,441)		(3,481)		(113,203)		(123,829)
Interest paid	(14,949)		(22,433)		(494,551)		(799,852)
Dividend paid	(63,299)		(42,685)		(2,090,001)		(1,515,250)
Net cash flows used in financing activities	(67,314)		(149,360)		(2,225,963)		(5,752,852)
Increase (decrease) in translation adjustment	21,784		(11,512)		403,499		(711,742)
Net increase (decrease) in cash and cash equivalents	12,468		(49,962)		113,019		(2,182,657)
Cash and cash equivalents at beginning of the period	171,556		294,691		5,830,827		10,085,293
Cash and cash equivalents at end of the period	184,024		244,729		5,943,846		7,902,636
	-				-
Supplemental cash flows information
Non-cash items consist of
Purchases of plant and equipment that had not yet been paid	2,534		1,274		81,836		41,139
Increase in right-of-use assets from lease liabilities	1,256		3,431		42,205		116,674
Increase (decrease) in right-of-use assets from lease modification
and termination	108		(639)		3,540		(21,582)
Increase (decrease) in lease liabilities from lease modification
and termination	121	(863)		3,923		(28,448)
Sales of equipment that had not yet been received	1,259	1,510		40,669		48,738

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Statement of cash flows

For the nine-month period ended 30 September 2025

(Unaudited but reviewed)

DRA FT

This d o cu m en t is in d r aft fo r m . It is su b ject to

r ev iew an d chan g e an d ther efo r e i ts co n ten ts can n o t be r elied u po n as b ein g accu r ate.

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Separate financial statements Separate financial statements

	2025		2024		2025		2024
Cash flows from operating activities
Profit before tax	50,407		56,480		1,668,105		2,009,948
Adjustments to reconcile profit before tax to net cash
provided by (paid from) operating activities:
Depreciation	28,178		29,276		931,566		1,043,057
Reversal of allowance for expected credit losses	(167)		-		(5,456)		-
Reduction of inventories to net realisable value (reversal)	(1,728)		4,224		(57,233)		152,265
Loss on disposal of equipment	163		122		5,154		4,310
Loss on disposal of investment in a subsidiary	555		-		18,238		-
Loss on liquidation of investment in subsidiaries	73		-		2,366		-
Share of gain from investments in associates	(2,661)		(5,286)		(88,502)		(186,885)
Share of gain from investments in subsidiaries	(6,537)		(44,543)		(228,802)		(1,542,191)
Long-term employee benefit expenses	1,076		849		35,550		30,198
Unrealised loss on exchange	68		13,549		3,229		461,999
Finance income	(88)		(1,802)		(2,918)		(65,117)
Interest expenses	8,864		15,121		292,724		537,917
Profit from operating activities before changes
in operating assets and liabilities	78,203	67,990		2,574,021		2,445,501
Operating assets (increase) decrease
Trade and other current receivables	(141,961)	(20,672)		(4,403,596)		(540,147)
Inventories	(102,869)	(87,405)		(3,264,952)		(3,117,991)
Advances payment for raw materials and molds	(3,991)	332		(130,748)		12,764
Other current assets	(31,383)	6,211		(1,032,123)		226,947
Operating liabilities increase (decrease)
Trade and other current payables	194,163		129,881		6,166,444		4,582,425
Other current liabilities	(1,560)		(1,618)		(51,200)		(55,188)
Provision for long-term employee benefits	(45)		(91)		(1,501)		(3,229)
Cash flows from (used in) operating activities	(9,443)		94,628		(143,655)		3,551,082
Interest received	88		1,508		2,918		54,394
Corporate income tax paid	(242)		(425)		(7,950)		(14,502)
Net cash flows from (used in) operating activities	(9,597)		95,711		(148,687)		3,590,974

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

Cal-Comp Electronics (Thailand) Public Company Limited and its subsidiaries Statement of cash flows (continued)

For the nine-month period ended 30 September 2025

(Unaudited but reviewed)

DRA FT

This d ocu m en t is in d r aft fo r m . It is su b ject to

r ev iew an d chan g e an d ther efor e its co n ten ts can n o t b e r elied u po n as bein g accu r ate.

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Separate financial statements Separate financial statements

	2025	2024	2025	2024
Cash flows from investing activities
Cash paid for acquisition of investment in a subsidiary
from non-controlling interest of a subsidiary	-	(5)	-	(167)
Cash received from repayment of long-term loan to related party	-	7,500	-	255,043
Cash received from interest	-	1,879	-	63,897
Proceeds from disposal of an associate	35	-	1,182	-
Proceeds from disposal of a subsidiary	5,948	-	199,591	-
Cash received from subsidiaries for capital return	2,179	-	70,417	-
Dividend received from subsidiaries	-	55,003	-	1,966,026
Acquisition of plant and equipment	(48,353)	(26,753)	(1,602,239)	(940,998)
Proceeds from disposal of equipment	2,976	5,325	98,250	187,620
Increase in other non-current assets	(1)	(53)	(48)	(1,900)
Net cash flows from (used in) investing activities	(37,216)	42,896	(1,232,847)	1,529,521
Cash flows from financing activities
Increase in short-term loans from financial institutions	161,010	40,048	5,148,573	1,275,862
Repayment of long-term loans	(61,772)	(189,000)	(2,029,336)	(6,868,252)
Payment of principal portion of lease liabilities	(281)	(236)	(9,286)	(8,396)
Interest paid	(9,221)	(17,451)	(304,777)	(622,472)
Dividend paid	(63,299)	(42,685)	(2,090,001)	(1,515,250)
Net cash flows from (used in) financing activities	26,437	(209,324)	715,173	(7,738,508)
Increase (decrease) in translation adjustment	-	-	(41,620)	99,185
Net decrease in cash and cash equivalents	(20,376)	(70,717)	(707,981)	(2,518,828)
Cash and cash equivalents at beginning of the period	29,527	121,777	1,003,546	4,167,614
Cash and cash equivalents at end of the period	9,151	51,060	295,565	1,648,786
	-		-
Supplemental cash flows information
Non-cash items consist of
Purchases of plant and equipment that had not yet been paid	4,918	56	158,847	1,792
Increase in right-of-use assets from lease liabilities	667	-	22,612	-
Sales of equipment that had not yet been received	73	1,168	2,356	37,716

The accompanying condensed notes to interim financial statements are an integral part of the financial statements.

DRAFT

This docum en t is in draft fo rm . It is subject to

Cal-Comp Electronics (Thailand)revPieuw banlidcc haCn goe man dpthaernefyo reLitismc o nitteen tds

cannot be relied upon as bein g accurate.

Condensed notes to interim financial statements

(Unaudited but reviewed)

and its subsidiaries For the three-month and nine-month periods ended 30 September 2025

General information
1. General information of the Company
  Cal-Comp Electronics (Thailand) Public Company Limited ("the Company") is a public company incorporated and domiciled in Thailand. Its parent company is Kinpo Electronics, Inc., which was incorporated in Taiwan. The Company is principally engaged in the manufacture of electronic products, such as computer peripheral, telecommunication equipment and automation equipment. The registered office of the Company is at No. 191/54, 191/57, 18th Floor, CTI Tower, Rachadapisek Road, Kwang Klongtoey, Khet Klongtoey, Bangkok 10110. The Company has 4 branches in Thailand and is located at Samut Sakorn, Petchaburi and Nakhonratchasima.
2. Basis for the preparation of interim financial statements
  These interim financial statements are prepared in accordance with Thai Accounting Standard No. 34 Interim Financial Reporting, with the Company presenting condensed interim financial statements. The Company has presented the statements of financial position, income statement, comprehensive income, changes in shareholders' equity and cash flows in the same format as that used for the annual financial statements and has presented notes to the interim financial statements on a condensed basis.
  The management of the Group has determined US Dollar as the functional currency and presents its interim financial statements in US Dollar. However, the regulatory requirements in Thailand require the entity to present its interim financial statements in Baht, so the Group also presents its interim financial statements in Baht by translating from US Dollar.
  Assets and liabilities are translated into Baht at the rate of exchange prevailing at the reporting period end date. Revenues and expenses are translated into Baht at the monthly average exchange rate. Differences are recorded as "Exchange differences on translation of financial statements in functional currency to presentation currency" in other comprehensive income.
  The interim financial statements are intended to provide information additional to that included in the latest annual financial statements. Accordingly, they focus on new activities, events and circumstances so as not to duplicate information previously reported. These interim financial statements should therefore be read in conjunction with the latest annual financial statements.
  The interim financial statements in Thai language are the official statutory financial statements of the Company. The interim financial statements in English language have been translated from the Thai language financial statements.
  rev iew and change and therefore its con ten ts cannot be relied upon as bein g accurate.

1. Basis of consolidation
  This interim consolidated financial statements include the financial statements of Cal-Comp Electronics (Thailand) Public Company Limited ("the Company") and its subsidiary companies ("the subsidiaries") (collectively as "the Group") and have been prepared on the same basis as that applied to the consolidated financial statements for the year ended 31 December 2024. However, during the current period, the Group disposed the investment in Cal-Comp Industria de Semicondutores S.A., its subsidiary in Brazil, as disclosed in the condensed Note 4.1 to the interim financial statements.
2. Accounting policies
  The interim financial statements are prepared using the same accounting policies and methods of computation as were used for the financial statements for the year ended 31 December 2024.
  The revised financial reporting standards which are effective for fiscal years beginning on or after 1 January 2025, do not have any significant impact on the Group's financial statements.
Related party transactions

During the periods, the Group had significant business transactions with related parties. Such transactions, which are summarised below, arose in the ordinary course of business. There were no significant changes in the transfer pricing policy of transactions with related parties during the current period.

Summaries of significant business transactions with related parties as follows.

(Unit: Million US Dollar) (Unit: Million Baht)

Consolidated financial statements

For the three-month periods ended 30 September

	2025		2024		2025		2024
Transactions with the parent company
Sales	448.7		409.7		14,556		13,935
Purchases of fixed assets	0.1		1.9		4		65
Other expenses Transactions with associates	1.0		0.4		34		17
Sales	32.2	32.6		1,045		1,110
Other expenses	3.1	2.7		100		91
Transactions with related companies
Sales	69.1	49.0		2,241		1,667
Purchases of raw materials	441.9	306.6		14,335		10,427

financial statements financial statements

For the three-month periods ended 30 September

	2025		2024		2025		2024
Transactions with subsidiaries (Eliminated from the consolidated financial statements)
Sales	149.9		135.3		4,860		4,602
Dividend income	-		9.5		-		307
Other income	0.9		1.1		28		39
Purchases of raw materials	24.4		16.7		792		568
Purchases of fixed assets	3.2		-		105		-
Other expenses Transactions with the parent company	8.3		9.8		268		335
Sales	448.8	409.7		14,556		13,935
Purchases of fixed assets	0.1	1.9		4		65
Transactions with related companies
Sales	69.0	48.0		2,239		1,634
Purchases of raw materials	441.9	305.0		14,334		10,370

(Unit: Million US Dollar) (Unit: Million Baht)

Consolidated financial statements

For the nine-month periods ended 30 September

	2025		2024		2025		2024
Transactions with the parent company
Sales	1,148.5		993.6		37,950		35,199
Purchases of fixed assets	2.5		2.4		83		82
Other expenses Transactions with associates	3.1		1.5		103		55
Sales	96.7	86.9		3,198		3,089
Other expenses	8.6	7.2		284		256
Transactions with related companies
Sales	168.0	154.9		5,536		5,527
Purchases of raw materials	929.5	750.1		30,601		26,585

financial statements financial statements

For the nine-month periods ended 30 September

	2025		2024		2025		2024
Transactions with subsidiaries (Eliminated from the consolidated financial statements)
Sales	386.2		381.1		12,747		13,562
Dividend income	-		55.0		-		1,966
Other income	2.8		3.2		93		114
Purchases of raw materials	71.1		52.3		2,349		1,865
Purchases of fixed assets	3.2		-		105		-
Other expenses Transactions with the parent company	26.6		27.9		880		993
Sales	1,148.5	993.6		37,948		35,199
Purchases of fixed assets	2.5	2.3		83		79
Transactions with related companies
Sales	167.2	152.2		5,510		5,431
Purchases of raw materials	927.8	745.9		30,543		26,434

The balances of the accounts between the Group and those related parties are as follows:

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Consolidated financial statements

30 September

2025

31 December

2024

30 September

2025

31 December

2024

(Audited) (Audited)

Trade and other current receivables - related parties (Note 3)

Parent company	418,434	345,512	13,515,132	11,743,226
Associates	29,596	21,222	955,927	721,298
Related companies	116,533	102,218	3,763,922	3,474,150
Total	564,563	468,952	18,234,981	15,938,674
Less: Allowance for expected credit losses	(5)	(69)	(167)	(2,339)
Total trade and other current receivables - related parties, net	564,558	468,883	18,234,814	15,936,335
Trade and other current payables - related parties (Note 9)
Parent company	960	2,422	31,001	82,335
Associates	2,913	2,428	94,103	82,522
Related companies	351,571	234,731	11,355,495	7,978,017
Total trade and other current payables - related parties	355,444	239,581	11,480,599	8,142,874
Lease liabilities Associates	8,275	5,435	267,275	184,715
Total lease liabilities - related parties	8,275	5,435	267,275	184,715

30 September		31 December	30 September	31 December
2025		2024	2025	2024
		(Audited)		(Audited)
Trade and other current receivables - related parties (Note 3) Subsidiaries 163,901		124,467	5,293,897	4,230,363
Parent company 418,370		345,509	13,513,044	11,743,101
Associates 375		187	12,109	6,365
Related companies 114,830		100,618	3,708,937	3,419,786
Total 697,476		570,781	22,527,987	19,399,615
Less: Allowance for expected credit losses (5)		(69)	(167)	(2,339)
Total trade and other current receivables - related parties, net 697,471		570,712	22,527,820	19,397,276
Trade and other current payables - related parties (Note 9)
Subsidiaries	44,830	33,003	1,447,992	1,121,709
Parent company	114	1,780	3,677	60,488
Associates	175	175	5,667	5,964
Related companies	351,551	232,944	11,354,849	7,917,246
Total trade and other current payables - related parties	396,670	267,902	12,812,185	9,105,407
Long-term loan from related party

financial statements

(Unit: Thousand Baht)

DRAFT

This docum en t is in draft fo rm . It is subject to

rev iew and change and the(rUefnoirte: iTtshcooun steanntsd U

S Dollar)

cannot be relied

upon as bein g accurate.

Separate

Separate financial statements

The balance of long-term loan from related party and the movement are as follows:

(Unit: Thousand US Dollar)

			Consolidated financial statements
		Balance as at 1 January	Realised loss	Balance as at 30 September
Long-term loan	Related by	2025	Payment on exchange	2025
Kinpo Electronics (China) Co., Ltd.	Subsidiary of the parent company	19,476	(19,665) 189	-
		19,476	(19,665) 189	-

		Balance as at 1 January		Realised gain	Balance as at 30 September
Long-term loan	Related by	2025	Payment	on exchange	2025
Kinpo Electronics (China) Co., Ltd.	Subsidiary of the parent company	661,941	(637,880)	(24,061)	-
		661,941	(637,880)	(24,061)	-

(Unit: Thousand Baht) Consolidated financial statements

Directors and management'srebv ieewnaenfditcshan ge and therefore its con ten ts

cannot be relied upon as bein g accurate.

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Consolidated financial statements

For the three-month periods ended 30 September

	2025	2024	2025	2024
Short-term employee benefits	869	763	28,169	25,941
Post-employment benefits	20	19	647	629
Share-based payments	2	380	73	12,908
Total	891	1,162	28,889	39,478

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Separate financial statements

For the three-month periods ended 30 September

	2025	2024	2025	2024
Short-term employee benefits	214	205	6,961	6,961
Post-employment benefits	2	2	54	54
Total	216	207	7,015	7,015

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

Consolidated financial statements

For the nine-month periods ended 30 September

	2025	2024	2025	2024
Short-term employee benefits	2,508	2,427	83,028	86,560
Post-employment benefits	59	65	1,947	2,320
Share-based payments	572	380	19,367	12,908
Total	3,139	2,872	104,342	101,788

financial statements

(Unit: Thousand Baht)

rev iew and change (aUn dnitth:erTefhooreuitssac onndtenUtsS Dollar)

cannot be relied upon as bein g accurate.

Separate

Separate financial statements

For the nine-month periods ended 30 September

		2025	2024	2025	2024
	Short-term employee benefits	632	589	20,881	20,951
	Post-employment benefits	5	5	163	163
	Total	637	594	21,044	21,114
3.	Trade and other current receivables

(Unit: Thousand US Dollar) (Unit: Thousand Baht)

	30 September	31 December	30 September	31 December
	2025	2024	2025	2024
		(Audited)		(Audited)
Trade receivables - related parties (Note 2)
Aged on the basis of due dates
Not yet due	533,067	448,175	17,217,686	15,232,520
Past due
Less than 1 month	19,476	16	629,071	532
1 - 2 months	326	2,831	10,531	96,218
2 - 3 months	17	-	547	-
3 - 6 months	173	29	5,574	993
6 - 12 months	38	45	1,236	1,526
Over 12 months	181	88	5,843	2,983
Total	553,278	451,184	17,870,488	15,334,772
Less: Allowance for expected credit losses	(5)	(69)	(167)	(2,339)
Total trade receivables - related parties, net	553,273	451,115	17,870,321	15,332,433
Trade receivables - unrelated parties
Aged on the basis of due dates
Not yet due	335,877	471,282	10,848,607	16,017,871
Past due
Less than 1 month	18,240	12,328	589,121	418,994
1 - 2 months	3,531	3,294	114,032	111,968
2 - 3 months	2,426	2,371	78,364	80,566
3 - 6 months	192	225	6,214	7,653
6 - 12 months	97	45	3,128	1,523
Total	360,363	489,545	11,639,466	16,638,575
Less: Allowance for expected credit losses	(181)	(104)	(5,835)	(3,520)
Total trade receivables - unrelated parties, net	360,182	489,441	11,633,631	16,635,055
Total trade receivables, net	913,455	940,556	29,503,952	31,967,488

Consolidated financial statements

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