be calculated Profit Cannot be calculated Consideration value 190.86 MB (Project cost*49%) 1,536.12 MB (Total asset of the Company Y2017) 12.42% Share capital Cannot be calculated Notes: Acquisition

NTA in the acquisition proportion x 100 NTA of BKD N/A Cannot calculate because HECH was established on January 18, 2018 and has no financial statement 2. Net Profit % x Net profit in the acquisition x

operators and new comers resulting in continually intense competition in restaurant business. Cost of Sales and Gross Profit Cost of sales in 2017 totaled Baht 899.62 million, dropped Baht 100.62 million or

statements represent the net loss of Baht 35.79 million which decreased from the same period of 2017 by Baht 124.74 million or about 140.24%. According to the abovementioned, the net profit has changed by more

THB 0.8 Mn. This was mostly due to the loss from recently acquired Thai food business “Tummour” and premium Japanese food brand “Sushi Cyu”. Net Profit The net profit decreased from THB 89.6 Mn in 2016

sales. Moreover, oil packaging market significantly slacked during last year. 2. The consolidated gross profit margin was 12.55%, decreased from last year at 14.65% due to the average cost of plastic

in all, the gross profit amounted to 134.18 million baht, translating to a gross profit margin of 27.50%, up from 23.36% in 2017. SG&A and other expenses and financial cost In 2018, the company booked

caused, revenue from sales of domestic and export decreased about 12% and 18% respectively. Analysis of Profit (Loss) of company and its subsidiaries In 2018, the company and its subsidiaries have loss for

(76.74) (22.30) SHARE OF PROFIT (LOSS) OF INVESTMENT IN JOINT VENTURES (11.51) 5.35 INCOME (LOSS) BEFORE TAX (40.66) 1,005.88 INCOME TAX EXPENSE (1.10) (100.60) NET PROFIT (LOSS) FOR THE YEARS (41.76

hedging at Baht 1.8 million. Other income from mold supplier, sales of scraps and obsolete equipment reported at Baht 3.2 million. Gross profit margin was dropped from 33.4% to 32.2% due to long aged