Microsoft Word - Eng-SET Q1-20_v2 Ref: FASET 02/2020 June 8th, 2020 Subject: Report the operating result for the first quarter ended March 31, 2020 To: President of the Stock Exchange of Thailand

20.4 million baht and real estate business revenue decreased 7.1 million baht due to the COVID-19 situation, the slow economy temporarily 2 shuts many factories down. As a result, the amount of waste in

offers and the outcome thereof are to be stated. B. Business Overview The information required by this item may be presented on the same basis as that used to determine the issuer’s business segments under

Management Discussion and Analysis For the Financial Result of Quarter 2 Year 2017 Ended June 30, 2017 Note: This Management Discussion and Analysis (MD&A) was made to disclose information and the

Microsoft Word - MD&A_Q1'2020_E Management Discussion and Analysis For the Financial Result of Quarter 1 Year 2020 Ended March 31, 2020 Note: This Management Discussion and Analysis (MD&A) was made

increased 5.31% as a result of an increase in sales volume of sauces and condiments. Revenue from sale of goods 254.87 268.16 5.21% Cost of sale of goods (185.43) (172.39) -7.03% Gross profit 69.44 95.77

the company’s operation result In 2018, revenue from sale was increased from last year 0.4%. Gross profit increased from 43.6% to 44.4% of revenue from sale, whereby net profit for the year showed at

capacity and growth. Food & beverage: Sales was 215.9 Million THB, classified as follows; A&W Restaurant: sales was 192.2 Million THB, decreased by 4.8 Million THB or -2.4% YoY as a result of competition in

Margin Gross profit margin decreased from 37.91% in 2018 to 35.47% in 2019. This is because the customers’ purchase orders had declined, and as a result, the overall utilization rate was lowered, along

the firm was under the process of presenting its projects, so the number of clients remained modest. Meanwhile, the revenue from TV program production fell. As a result, the Company’s profit margin