% TBSPTKS Marvel Pack T.K.S. Technologies Public Company Limited Management Discussion and Analysis Operating Results for the period as at 30 September 2019 In addition, On 11 July 2019, the Company obtained

’ representative. Clause 7/23 The Company that has obtained the approval in accordance with this Notification shall be exempted from the requirements to submit an application to register debt securities with the

persons, the SEC Office complies with the specified purposes or the purposes permissible by law only. In the case where it is required by law that your consent must first be obtained, the SEC Office will

public accountants, the following conditions shall also apply: (a) in cases where the audit firm has an auditor who has obtained or is going to obtain approval as auditor in the capital market work full

87.62 million or 7.58%. The main reason was from the policy of restructuring manpower and management structure. In 2017, due to the high competition in the restaurant business, the operating results of

up by 19.33% over the same period last year. The main reasons are as follows: 1. Total revenues were Baht 15,900.33 million, an increase of Baht 627.77 million or up by 4.11%, comprising of the

Gross Profit Margin was affected by two major factors: 1) A change in foreign currency exchange rates Table 1: Foreign currency exchange rates and sales in foreign currency 2) A higher cost of main raw

interest expenses from securities sold under repurchase agreements. 2.4 Other expenses The Company’s other expenses in 2018 were Baht 466 million, an increase of 2% from the previous year. The main other

subsidiaries by having the main substance is as follows. (Unit: Thousand Baht) Revenues Gross Profit Selling Admin Net profit 2017 837,308 293,207 80,159 93,260 -236,013 2018 929,354 325,527 88,001 79,800

the year of Baht 358.1 million as compared to the 2017, the company and its subsidiaries have profit for the year of Baht 1,015.0 million, decreased Baht 1,373.1 million or 135% for the following main