The Securities and Exchange Commission (SEC) welcomed the faculty members  and students from the Business Administration Program in Business Innovation Management, Faculty of Management Science

international sales declined dramatically at 46.03% compared to the same period of the previous year. One of the issues was the delayed product delivery after the license was issued from China Food and Drug

P a g e 1 | 7 Management Discussion and Analysis For the nine-month period ended September 30, 2017 The analysis of consolidated financial position as at 30 September 2017 The group’s assets

due to temporary closure of 11 branches since March 22, 2020 in order to comply with regulation issued under The Emergency Decree on Public Administration in Emergency Situations. Performance Analysis

Management Discussion and Analysis, for the three-month period ended March 31, 2018 The analysis of operating result for the three-month period ended March 31, 2018 Comparing accumulated operating

% Total comprehensive income (loss) attributable to owners of the parent Operating Profit (Loss) EBIT Net Profit (Loss) Total Comprehensive income for ther period Revenue from transmission and

from 15.4% in the 2nd quarter of 2019 to 27.2% in the same period of 2020. For the 1st half of 2019 and 2020, administration costs decreased from THB 232.6 Mn to THB 204.0 Mn respectively, a decrease of

Syndicate Public Company Limited (the “Company”) and its subsidiaries hereby submit the Financial Statements for the 3 months period and 9 months period, ending September 30, 2017 and 2016, together with the

of New Branches Opened (1) (Branch) 14 8 Number of Branches at Period End (1) (Branch) 102 110 Number of Franchise Branches at Period End (1) (Branch) 127 145 Sales from Restaurant Business During the

% 37.57 0.33% 34.02 0.33% (3.56) (9.47%) Profit for the period 13.69 0.38% 51.25 1.43% 37.56 274.44% 141.30 1.25% 136.54 1.32% (4.76) (3.37%) Total Revenue amounted to THB 10,340.77 million decreased by