market environment The Thai economy for the year 2018 expanded as expected according to its potential with growth for the nine months of 2018 at 4.3%. For the last quarter of 2018, the economy continued to

the growth in sales of dessert cafés, which accounts for the largest share of revenue. The growth in sales of dessert cafés was mainly due to the improving COVID-19 situation and the recovery of

, respectively. Private investment slowed to 2.8 percent from 4.1 percent in 2018 while manufacturing production declined 3.7 percent, in line with a low capacity utilization rate of 66.3 percent, below the five

the last quarter of 2017, starting to be used in production during the first six months of this year which resulted to cost of sales of goods to be increased in this period. 2.2. Distribution costs for

the growth in sales from dessert cafés which was a result of the same-store-sales growth, corresponding to the increased in number of customers dining in at the branches, as well as the increase in the

coverage to 8 provinces nationwide Growth from sales of the Mikka franchise as expected During the new outbreak of COVID-19 pandemic, the Company focuses on pop-up stores by adding more service points to

machinery, equipment and related expenses to increase the production capacity of the flexible packaging products another Baht 40 million. This is to increase the proportion of high gross margin products. In

categories, boosting manufacturing production. Private investment indicators also signified growth, particularly in machinery and equipment. Nevertheless, public spending declined mainly from the contraction

are as follows; Operating Performance 1. Revenues Unit: Million Baht In general of the year 2017, the Company could generate total revenue with growth rate 6 percent that came from the growth of

percent from restaurants and bakery shops in domestic and overseas businesses. The growth of the same store sales of restaurants and bakery shop in domestic under brand “S&P” decreased by 4.90 percent