by Trust receipts facility from purchasing raw material. Secondly is the increase in Account Payable due to an increase in purchasing raw material. 2. Non-current Liabilities As of the year end 2016

Syndicate Co., Ltd., a subsidiary of Company, has invested in World Education Loan Services and the down on inventories resulting from the impact of COVID 19 situation that prevented us from importing raw

of raw materials and packaging, which partly offset the increased of excise tax. Food business Food cost of sales was maintained due to improve efficiency in restaurant operation. Selling Expenses

income decrease both in the three-month period and the six-month period by Baht 1.67 million and Baht 3.05 million respectively, due to more delivery of raw milk to the customers compared to those of the

more delivery of raw milk to the customers compared to those of the same periods last year both in the three-month period and the nine-month period. The decrease were 9.40% and 9.38% respectively. 1.2

increase both in the three-month period and the six-month period by Baht 0.06 million and Baht 3.32 million respectively, due to more delivery of raw milk to the customers compared to those of the same

the Public Limited Company Act B.E. 2535, the Company will present this matter to shareholders’ meeting for approval. 4. Rationale and Reasons for restructuring of a company group In 2018, the Company

current seven persons to be a director for the Company, follow the proportion of shares held by the investor. Hence, such issuance of the newly issued shares to the investor is considered a connected

of raw materials, especially electrical parts, resulted in higher cost of raw materials. These have adversely affected the company’s sales revenues and profit. Sales revenues of this quarter amounting

the smaller store layout and Grab and Go products. At present, the Company has 31 operating branches of ‘Mikka’ in which 11 branches are owned by the Company, distributed across several office and