disruption to the economy. Businesses and employment were affected by the lockdown measures while consumer purchasing power continued to decline due to the high level of household debt. However, the government
shopping malls and also plans to continue expanding its Mikka coffee chain as planned. Focus on Continuous Branch Expansion of Dessert Café According to Plan In Q3/2023, the Company expanded 4 new dessert
further by opening 5-7 more branches, focusing on shopping mall locations in Bangkok. As for Mikka Coffee, there are currently 125 branches. In 2024, the Company will continue to expand Mikka Coffee
, the Company expanded 1 new Luggaw café, located at Central Ladprao. The Company will focus on expanding to shopping malls in Bangkok. For Mikka café, the Company will continue to expand its Mikka cafés
at The Mall Bangkapi, Motorway, Future Park Rangsit, and Siam Center. The Company will focus on expanding to shopping malls in Bangkok. For Mikka café, the Company will continue to expand its Mikka
expansion of domestic construction industry and the growth of new Shopping complexes and renovated stores, together with the turnkey projects balance brought forward from Q4/2017 completed and recognized
driven by the continued growth in construction industry and further renovation/expansion of retail stores and new Shopping complexes despite revenue recognition delays from some turnkey projects to next
construction industry, the expansion of new Shopping complexes and renovated stores, and the sales recognition in this quarter of some backlog turnkey projects ; - Wholesales/Retails up 14% Y-O-Y thanks to the
Fashion Island Shopping Mall, with SRD for 1 year and 8 months from 1 July 2018 to 29 February 2020. The transaction value will not exceed THB 50 million (excluding VAT) Total transaction value The
projects postponed to next quarters, Project sales up 5% Y-O-Y driven by the continued growth in construction industry and the expansion of new Shopping complexes; - Wholesales/Retails sales up 5% Y-O-Y