September 2019 has a resolution for the Company to enter into an asset acquisition transaction by purchasing ordinary shares in KPN Academy Co., Ltd. (“KPN Academy”) in an amount of not less than 14,947,300

new dessert café, located at Central Phuket, focusing on areas that are tourist attractions and residential areas with high purchasing power and have large number of customers, in order to increase the

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

(43.85) (7.31%) 1,796.58 1,746.84 49.74 2.85% 2. ECONOMIC SITUATION Thailand economic situation in Q3/2019 in Central and Eastern area were contracted as the same period of 2018 due to global economic

SITUATION Thailand economic situation in Q4/2019 in Central and Eastern area were contracted compared to the same period of 2018 due to global economic and domestic consumption weak, that were impacted from

disruption to the economy. Businesses and employment were affected by the lockdown measures while consumer purchasing power continued to decline due to the high level of household debt. However, the government

(25.36) (5.55%) Depreciation 137.32 124.10 13.22 10.65% Amortization 82.61 78.25 4.37 5.58% EBITDA 651.85 659.62 (7.77) (1.18%) 2. ECONOMIC SITUATION Thailand economic situation in Q1/2020 in Central and

closed shopping malls service area. In the future, After You will assess the cost-effectiveness of establishing a central kitchen in the long term to further enhance the company’s operations. Strategies

51.31% to 50.92%. However, the Company continues to closely monitor to reduce the food waste and for purchasing to deal with new suppliers for better deal in term of better price, volume and credit term

has had a positive impact on the export sector, and also by an increase in the number of tourists. As a result, the purchasing power of consumers in these areas has increased, especially in greater