marketing activities which concentrate to the brand awareness to support sustainable growth. However, the Company concerns about the importance of expenditure management efficiency. 4. Net profit and net

management and utilization of in-store spaces by renovating some areas of the dessert café to accommodate a new store format "After You Marketplace". 5. Growth through the Mikka Café franchise by providing an

Discussion and Analysis 2019 Management Outlook The Company still concentrates on the strategy of managing the quality of Boonterm kiosk location with the ARPU management more than 5% growth and the total

34.0 8.8 1 Other Incomes from Utilities Business consist of Excessive Charge for additional Utilities demand and Service Fees for Wastewater Management in ESIE and HLP1 The growth mainly came from: i

projects The management maintain positive view onThailand's economic growth, which evaluated from the Company’s customers database and reports from the Bank of Thailand(BOT). BOTexpectsthat the

management in contemplation of enhancing business efficiency to accommodate sustainable growth. PERFORMANCE OVERVIEW 2 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 Revenue Major revenue of The Group mainly

total revenue or THB 80mn, decreasing by 17.2% YoY or THB 17mn, mainly due to a decrease in project management fees. Revenue growth was also accompanied by an increase in cost of sales which came to THB

/18 12 FEB 2018 Meanwhile, our Office Building and Other media segment revenue grew solidly, increasing by 47.3% to THB 81mn. Revenue growth in 3Q 2017/18 was mainly driven by Wi-fi project management

22 million or 73% from 1H/2019 from lower OEM order volumes. *Revenue from Franchise Fee Income in Q2/2020 was THB 0.48 million 16.4% 13.3% (3.4%) (28.8%) (58.2%) Same-Store-Sales-Growth (%) Management

(FSMART) 4Q17 Management Discussion and Analysis 2018 Management Outlook  Emphasize efficient Boonterm kiosk spot with the ARPU management more than 5% of growth from 2017  The increasing 20,000 Boonterm