in traditional trade and cash van since July 2018 which contribute to 80% of RTD coffee sales. The capacity expansion projects to support the growth in accordance with business plan for over the next 2

business opportunity expansion. We also introduced assistance measures for SME customers affected by economic malaise, drought and the COVID-19 pandemic. Notable initiatives included:  Revolving Loan for

, travelling expenses and professional fees. In 2018, the increase in administrative expenses are mainly due to (1) increase in employee and management expenses from new hires supporting business expansion of

expansion into business factoring loans, the Company has continuously grown in term of factoring loan. The credit approval is increasing and no non-performing loans due to the strict criteria of customer

of continuous expansion of Thailand’s economy. This is mainly driven by export sector, which enables to be well expanded including with gradual recovery of domestic economy significantly driven from

days in advance. The company had expenses related to new recruits for new three branches and one branch expansion in the first half of 2017. In contrast, the Company opened only two branches of Maygori

to increased sales of delivery (3) increased cost of branch staff, rental and utilities from branch expansion and (4) issuing discount promotions to draw traffic and create brand awareness. 4 Zen

will fully focus on international expansion across the ASEAN market. This will enable MACO to leverage PlanB’s platform, contents, and secure minimum guarantee. Moreover, the integration efforts between

higher employee benefits together with the increase in the number of staff to serve the business expansion.  The finance costs during 2019 was THB 986.4 mm, which decreased by 16.4%, compared to the same

previous year. It is as a result of the expansion of rental business since the end of 2018. The income from rental fee at Lumpini Township Rangsit-Klong 1 Phase 3 increases 80%. In 2020, condominium units in