) positive same-store-sales growth during 2017, (2) opening new branches and (3) increased sales of raw material to franchisees. Franchise fees income increased from THB 15.1 Mn in 2016 to THB 56.5 Mn in 2017
of THB 375.9 Mn or 21.3% and was mainly due to (1) increased number of branches, (2) the positive same-store-sales growth and (3) the increased sales of raw material to franchisees. Franchise fees
period as compared to a profit of Baht 4 million in the same period last year. The loss in the current period is mainly from loss of Gallery operation while the profit in the prior year was mainly from
million and Baht 293.3 million or equivalent to 46% and 69% of total cost of sales and services, respectively. In 2018, cost of goods sold significantly increased by Baht 212.4 million or 263% from the same
year. Farm business saw is income increase Baht 20.08 million, due to more delivery of raw milk to the customers compared to those of the same periods last year both. The increases were 46%. 1.2 Cost of
same way of sales, but increase in less portion of sale increase. So it seem that this decreasing of cost of sales or increasing of gross margin was due to (a) the company had developed new formulas with
decreased by Baht 61 million mainly relates to lower profit from Banyan Tree China Pte. Ltd. Finance cost decreased by Baht 26 million as compared to the same period last year due to the capitalization of
same time, the brand successfully grew its market share by 470 bps to 25.6%. - The Board of Directors passed a resolution to propose to the Annual General Meeting of Shareholders to approve the total
SITUATION Thailand economic situation in Q4/2019 in Central and Eastern area were contracted compared to the same period of 2018 due to global economic and domestic consumption weak, that were impacted from
goods sold and expenses 1,259.81 1,400.20 -140.39 -10.03% The overview of cost of goods sold and expenses of the year 2019 was in the same direction when comparing to the last year with the fact that the