the digital currency that is used broadly in the world with easy access, speed and low costs. It is a stable coin backed by assets with less volatility, unlike bitcoin.Moreover, Facebook and its

46.2% -56.0 -11.5% Cost of Sales 238.2 26.0% 291.8 31.4% 53.6 22.5% Gross profit 156.2 17.1% 169.5 18.3% 13.3 8.5% Profit (loss) Fair value adjustment of investment property -3.6 -0.4% 6.1 0.7% 9.7 269.4

increase of THB 13.1 Mn or 23.2%. This increase was mainly due to the (1) the increased number of franchise branches (2) adjustment increasing the royalty and marketing fee rates for those franchisees

expense decreased mainly because of an adjustment of staff costs to be in line with the company’s operating performance, while the increase was due to an additional amount of provisions set aside for

from upward adjustment of THB 7.7 million social security income and subsidiary’s deferred tax income for the net amount of THB 25.0 million. Whereas 2Q’18 recorded the extra accounting expense for the

the same period the previous year. Selling expense, such as freight costs and sales commissions, decreased in line with lower sales. Administrative expense decreased mainly because of an adjustment of

period last year. Net loss attributed to owners of the parent was THB 26.55 million, dropped by 84.57% from THB 172.13 million from those of same period last year. FINANCIAL POSITION Assets As of Q1-2020

assets amounted to Baht 112,377 Million, representing an increase by Baht 8,546 Million or 8.2 percent when compared with total assets as at December 31, 2018 mainly from fair value adjustment of

and Equity of the Company. - Sale of Assets under construction to Free Zone in order to alleviate payment of import duty, VAT, Customs Duty & Penalty. This resulted in Loss from sale of fixed assets

. Statement of financial positions  Total assets As of 31 December 2017, the Company has total assets amounted to THB 19,546 million which was 9.7% increased as compared to the year ended 2016. From the total