as mentioned in 4. is considered the transaction with a connected person in accordance with Notification of the Capital Market Supervisory Board No. ThorChor. 21/2008 re: Rules on Entering into

the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering 2 into Material Transactions Deemed as Acquisition or Disposal of Assets and the Notification of the

B.E. 2535 (1992), as well as a disposal of assets of the Company pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material

and service were difficult due to the weak purchasing power. Since the consumers were price- sensitive, together with a high competition in the market, some entrepreneurs turned to reduce their

as it was necessary for customer-base expansion in dialysis solution segment to adjust selling price in order to be competitive with competitors in the same market. As a result, 2017 has gross margin

due to the unfavorable economic and industry conditions i.e. Thai energy drink market, according to Nielsen data, reduced by 2.8% in 2017 and shrank by another 3.6% in the 1Q/2018 as compared to the

to higher unit production costs following the low demand volumes and more intensive competition among lower market demand. In terms of expenses in the current quarter, the company continues to control

new information about the market and consumer behavior in each demographics. Expansion of “Mikka” Café Franchises As of 31 December 2022, The Company has Mikka Café under the Company’s management and

permanent dessert café branch instead due to positive feedback from market testing. • Revenue from Franchising in Q1/2023 was THB 5 million, increased by THB 2 million or 67% from Q1/2022 due to increase in

Consideration method in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets