popularity of grilled buffet and café-style restaurants. Although the economic slowdown and severe competition in the restaurant industry resulted in the decrease of same store sales, the Group focused efforts

to generate revenues by 2019. For food and beverages business, Dean & DeLuca, Inc. (DDUS) has continued its efforts to take corrective actions to improve existing store profitability while also keeping

revenues by 2019. For food and beverages business, Dean & DeLuca, Inc. (DDUS) has continued its efforts to take corrective actions to improve existing store profitability while also keeping its eye on new

the long term. Even though our sales decreased from the previous year and the Company still recognized loss, due to our efforts in strict costs and expenses controls and reductions, the operations

Crude decreased from the efforts of OPEC and non- OPEC members to lower production. Summary of the Company and its subsidiaries’ performance by Business unit 9 | Management Discussion and Analysis of

comparison is the increase in operational cashflow which is coming from the use of fuel inventory and also efforts to reduce working capital in Q4 2019. Net cash flows from investing activities is in line with

products. Additionally, marketing efforts were put continuously in the Philippines. Consequently, sales expenses to sales revenue ratio escalated moderately from 40.85% to 59.24% as the Company incurred

, and net profit of THB 51mn, increased by 36.9% QoQ and 26.0% YoY. The Company’s solid performance was stemming in turn from the restructuring efforts over the past year, which includes an improvement in

million or 3% year-on-year from continuous efforts of the Group to control and reduce costs in all business groups, although the decrease in costs did not match with the decrease in revenues. The Group

efforts, we saw positive recovery signs from Q3/2018 and Q4/2018 that realized loss of Baht 124 and 143 million, respectively.