projects that are awaiting revenue recognition in the fourth quarter of 2019, namely Condominium projects under the brand Newera, which are developed and almost completed. It is expected to transfer rooms to
carried out in Q2/2020. Management Discussion & Analysis Q1/2020 Positive signal from Mikka Coffee Stand amidst the pandemic In Q1/2020, After You introduced and piloted new coffee stands under the brand
“After You” and “Maygori” brand • Take-home product sales from store fronts and “After You Marketplace”, as well as orders through food delivery services (portion of In- store sales : Take-home product
distribution contract with some retailer which resulted in reduced sales volume since late Q4/2017. Page 4 Sales breakdown by business and geography are as follows: Sales Breakdown by Business: Brand: Baht 833
changing the sales format from overseas to domestic. Sales breakdown by business and geography are as follows: Sales Breakdown by Business: Brand: Baht 693 million, down 3% YoY CMG: Baht 838 million, up
sales of ‘My Whey’ brand which continuously increase the revenue after promoting via online channel since May 2017. The Company receives the total revenue from domestic sales of the first ninth month in
Horeca in Thailand, and created direct experiences of LUCARIS Brand and products in national wine and food events e.g., The Hotelier Awards Asia, F&B Conclave in India, the First Chaîne des Rôtisseurs
States of America are still the major market and consistent growth including marketing activities for the purpose of “Taokaenoi” brand recognition and consistency increase the new market. Gross Margin: the
from 476 restaurants and bakery shop under brand “S&P” increased by 3.2 percent and 3.3 percent respectively. At the end of 3Q 2018, the same store sales of restaurants in international business declined
first quarter of 2020 at 15.4%. The increase in gross profit margin of the first quarter of 2020 was mainly from the significant increase in the gross profit margin of house brand products from 14.5% to