services (converting solid waste into electrical energy for 25-year period started from the date of contract). As specified in the contract, the subsidiary shall transfer building, machine and equipment to

%) Same-Store-Sales-Growth(%) -37% Management Discussion & Analysis Q3/2020 Selling expenses mainly consist of salaries of dessert café’s staff, space and equipment rental expenses, utility expenses, and

started from the date of contract). As specified in the contract, the subsidiary shall transfer building, machine and equipment to Krabi Municipality without any charges when the contract ends. The Group’s

mainly consist of salaries of dessert café’s staff, space and equipment rental expenses, utility expenses, and other selling expenses such as marketing and promotional expenses, and depreciation of asset

added value offering such as speed boost, equipment upgrade, service quality and premium contents. Although the operators were able to retained higher starting price point of Bt399/month, deep discount

THB 52 53 128 111 Q2/20 Q2/21 1H/20 1H/21 35.9% 38.4% 35.1% 34.8% Selling Expenses Percentage to Total Revenue Selling expenses mainly consist of salaries of dessert café’s staff, space and equipment

shall transfer building, machine and equipment to Krabi Municipality without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service

solid waste into electrical energy for 25-year period started from the date of contract). As specified in the contract, the subsidiary shall transfer building, machine and equipment to Krabi Municipality

of dessert café’s staff, space and equipment rental expenses, utility expenses, and other selling expenses such as marketing and promotional expenses, and depreciation of asset in each branch. Q1/2021

Percentage to Total Revenue Selling expenses mainly consist of salaries of dessert café’s staff, space and equipment rental expenses, utility expenses, and other selling expenses such as marketing and