Million due to efficiency improvement in raw material and production cost management. - QSR business recorded its GPM of Baht 79.0 Million that 2.6% increased from 2018 or by Baht 2.0 Million. - Swine farm

production management. - Seafood business recorded its GPM of Baht 67.5 million, 22.3% increased from Q1/2017 or by Baht 12.3 million mainly due to effectiveness in raw material and production cost management

sales growth and decreasing of pork price in half year. - Seafood business recorded its GPM of Baht 278.1 million of which 9.8% increased from Year 2017 or in Baht 24.7 million due to effectiveness in raw

raw material and production cost management. - QSR business recorded its GPM of Baht 20.2 million of which 15.0% decreased from Q2/2017 or in Baht 3.6 million due to closing unperformed branches

of Sales and Services 614.99 619.77 (4.79) (0.77%) Raw water cost 312.02 291.60 20.42 7.00% Tap water cost 233.73 230.66 3.07 1.33% Rental and services cost 38.33 36.86 1.46 3.97% Construction cost

increase in raw material cost, salary and benefits of the employees, electricity, gas expenses and repair and maintenance expenses. Cost of services was Baht 392.61 million, which increased from the same

around 82% but the cost of goods sold of Q4/2019 is down to 77.9% because of the reduction in raw material cost. • Although we have continually conducting cost down projects and minimize the internal

18.1%. This increase was mainly due to (1) the increase of raw material cost from both the restaurants which the company owns itself as well as franchise restaurants and (2) increased service cost of

mainly due to (1) the increase of raw material cost from both the restaurants which the company owns itself as well as franchise restaurants and (2) increased service fee of outsourced warehouse and

possible to reduce the cost of transportation for raw materials, because this location is close to the source of raw materials for production. In addition, when comparing the price of new machines according