subsidiaries in domestic and international showed increase performance, along with the newly incorporated subsidiaries in USA, China, Indonesia, and Vietnam started to show positive performance, resulting in
and Din’s, both of which received favorable responses from consumers. However, over the course of 2019, the economic situation and consumer confidence continuously worsened and this negatively impacted
double digits. Personal Care Segment Total Personal Care revenues increased by THB 64 million (or +10.4% YoY) to THB 675 million, mainly from international sales with a favorable growth of 40.3% YoY
anticipate that advertisement spending will benefit from macroeconomic upswing and positive sentiment. The growth of e-commerce is expected to increase by 30%2 per year driven by the ever-changing lifestyle of
newly-launched coffee stands has greatly benefited from the changing Positive signal from Mikka Coffee Stand during COVID prompted further outlet expansion behavior, and the sales of take-away coffee
positive same-store-sales growth during 2017 and (3) the increased sales of raw material to franchisees. Franchise fees income increased from THB 15.1 Mn in 2016 to THB 56.5 Mn in 2017, an increase of THB
increase was mainly due to (1) increased number of branches, (2) the positive same-store-sales growth during 2017 and (3) the increased sales of raw material to franchisees. Revenue from franchise fees
) positive same-store-sales growth during 2017, (2) opening new branches and (3) increased sales of raw material to franchisees. Franchise fees income increased from THB 15.1 Mn in 2016 to THB 56.5 Mn in 2017
of THB 375.9 Mn or 21.3% and was mainly due to (1) increased number of branches, (2) the positive same-store-sales growth and (3) the increased sales of raw material to franchisees. Franchise fees
investment fund. However, the 6-month consolidated net profit attributable to owners of the Company has still been in a positive position totaling of Baht 90.7 million, or equivalent to a 12% growth over the