Microsoft Word - MDA_2019Q4_ENG_2003 1 Ref: CK-20-0000-AFD(AC)-L-0013 February 28, 2020 Subject: Clarification on Operating Result and Financial Position for the year ended December 31, 2019
in Q3/ 2018) . The increase of gross profit was the result of the appreciation of the BAHT against the Dollars, causing the decrease in imported raw material prices. Selling Expenses The Company and
increase of take-home products and higher orders through food delivery services, which usually have lower gross profit margin than products served on-site as a result of higher packaging cost. EDITDA and
a result of the relaxation of COVID-19 control measures. In addition, the Company achieved higher sales of raw material to Mikka Café franchise. R E V E N U E : • The Company’s gross profit in Q1/2022
weather. As a result it unable to operate fully capacity and fully exportable Detail of Domestic and Export Sales 2020 2120 2022 Export Sales • Canned sweet corn (RKI) 1,570.32 1,964.23 1,790.07 • Fresh
agreements (TFRS 16) which are effective in 2020. In addition, as a result of the pandemic of the Coronavirus Disease 2019 (COVID-19), the company has closely monitored and followed up the operational plans of
statements Revenues 1. Total sales and Total Revenues from hire of work of 791.62 Million Baht was 34.59 Million Baht or 4.57% increase from the last year. This was the result of the orders of more customers
completed in the previous year and sold with higher gross profit margin. Moreover, as a result of the expansion of rental and service business, the income from rental fee and service and management fee
previous year in the amount of THB 296 million or equivalent to a decrease of 3.9 percent as a result of the operating results of Domestic restaurant and bakery business and overseas restaurant business that
margins. As a result, the increase in total operating expenses in Q2-2017 was higher than the increase in total revenue. The profit of Q2-2017 was significantly lower than those in Q1-2017 due to the