lower investment in projects and maximize brand value. For example, the Company focuses on franchising businesses to grow the brand both domestically and internationally. This attempt has been reflected
Company has company-operated stores and licensed stores as follows. In the future, the Company plans to focus on lower investment in projects and maximize brand value. For example, the Company focuses on
projects that are awaiting revenue recognition in the fourth quarter of 2019, namely Condominium projects under the brand Newera, which are developed and almost completed. It is expected to transfer rooms to
carried out in Q2/2020. Management Discussion & Analysis Q1/2020 Positive signal from Mikka Coffee Stand amidst the pandemic In Q1/2020, After You introduced and piloted new coffee stands under the brand
such as setting the maximum number of employees per branch based on sales volume, issues a Leave Without Pay policy, and controls the costs associated with rent by requesting a rent reduction to the
to net realizable value based on inventory aging; and higher employee benefit obligations under severance pay of Baht 20 million for employees serving 20 years or more from 300 to 400 days, according
changing the sales format from overseas to domestic. Sales breakdown by business and geography are as follows: Sales Breakdown by Business: Brand: Baht 693 million, down 3% YoY CMG: Baht 838 million, up
required to maintain a 1- meter physical distance from each other. In addition, the Company thoroughly cleans and disinfects all touchpoints every hour and encourages cashless payment via Internet banking or
sales of ‘My Whey’ brand which continuously increase the revenue after promoting via online channel since May 2017. The Company receives the total revenue from domestic sales of the first ninth month in
Horeca in Thailand, and created direct experiences of LUCARIS Brand and products in national wine and food events e.g., The Hotelier Awards Asia, F&B Conclave in India, the First Chaîne des Rôtisseurs