the Share Purchase Agreement by August 31, 2017 (“Exclusivity Period”). During the Exclusivity Period, there was inconsistent circumstance and there were confidential information relating to this
Thailand 1. Analysis of Overall Operating Results for the Company and its subsidiary 1.1 Important circumstance during the year In April 2018, the Company acquired 800,000 ordinary shares of Aesthetic Zecret
. Although this circumstance is not a normal transaction of the Company, the Company had to issued credit notes and received program rights return of Baht 220 million to maintain business relations with the
the current circumstance, therefore has since adjusted the marketing strategy of the Company and the Subsidiary Company to focus tourism in Thailand in order to be able to reopen Phuket Fantasea on the
. As a result of the aforementioned circumstance, the Company recorded net loss of THB 179mn in this quarter, a decrease of 571.1% YoY with a net loss margin of 35.0%. MANAGEMENT DISCUSSION & ANALYSIS 1Q
circumstance, the Company recorded net loss of THB 161mn in this quarter, a decrease of 497.1% YoY with a net loss margin of 31.7%. EBITDA for this quarter is a negative of THB 44mn. 1 Bank of Thailand
. Sales in 1Q18 represented new prices for delivery that took effect in January 2018 with an effective markdown of nearly 2%. Cost of Sales and Gross Profit The profit margin in 1Q18 dropped Q-o-Q and Y-o-Y
main factors for the increase were (1) the increased in marketing expenses and (2) increased in spending on delivery services fee such as Food Panda. Administrative Expenses Administration costs
increased marketing expenses for example increased spending on food delivery services fees such as Food Panda. Administrative Expenses Administration costs were THB 328.6 Mn in 2016 to THB 423.5 Mn in 2017