(Overseas) Mikka Cafe New Brand Perspectives on Thai economy in 2022 • The Thai economy is expected to recover gradually in 2022. During the first half of the year, slow recovery is expected due to the
operating revenue by 23.6% YoY. Online sales continued to grow remarkably by 375.1% YoY, while home project sales grew by 69.4% YoY, and OEM sales grew by 249.6% YoY. The Company managed to maintain a
to maintain operating cost ratio in 2017 not to exceed that of 2016, even though the Ft rate has risen throughout 2017. Costs of food and beverage Costs of food and beverage constituted costs of
million baht. As a result, the expense to income ratio (Cost-to-Income Ratio) this year increased to 39.7%, driven from the expansion of subsidiaries in overseas. However, the Company will be able to manage
, reduction of expenses and deferring unnecessary investment projects. Accordingly, the Corporate Group has been able to maintain good gross profit margin and achieve higher net profit. - 2 - (2) Analysis of
. Strengthen and be a part of economy driven by continuing enable tenant remedy measurement Cost effective management and the review of CAPEX plan to maintain sufficient cash flow and liquidity to support
investments are to maintain brand awareness, build the new brand, and simultaneously add business value to the group, all of which are expected to gradually generate returns in the future. As for food business