PAGE 1 OF 3 GEL.CS.001/2564 1 March 2021 Subject: Management Discussion and Financial Analysis for the operating results of the year 2020 December 31, 2020 To: Director and Manager The Stock Exchange
2021. Increase sales volume, internal cost reduction activities, productivity improvement and turnaround of Portugal contributed to the improvement of gross profit margin. Selling and administrative
related with operating result (%) For the period ended Change 31 March 2019 31 March 2018 Gross profit margin (%) 41.47 41.99 (0.52) Distribution costs and administrative expenses to total revenue (%) 44.79
Restaurant Business (%) 26.0% -1.2% Remark: (1) Outlets owned by the Group (2) Calculated based on total revenue from sales and service per total operating days of the same branch For the three months ending
ongoing fundamental improvement in the industry Core EPS of THB 3.27, delivers increase for the 17th consecutive quarter Operating Cash Flow of $941 million, helps strengthen balance sheet and fund
fragile economy with signs of global economic slowdown despite a continuous recovery in Thailand’s tourism and the improvement in inflation that helped boost private consumptions and economic activities. In
provide Management Discussion and Analysis for the year ended 2019 as follows: Overview of the operating result for 2019 The company’s total revenue for year ended 2019 was THB 196.60 million, increased by
both house brand and other brand products. During 2018, the Company opened 2 branches i.e. Rayong branch (which started operating since 1 November 2018) and Diana branch (which started operating since 7
analysis of consolidated financial position as at 30 June 2017 ..................................................................... 3 The analysis of operating result for six months
significantly by 13.4% YoY to THB 1,783mn, predominantly due to higher operating revenue from the hotel business in Europe and from acquired assets under the Entire Business Transfer of Unicorn Enterprises