instead. Furthermore, the rise on an average price on steel-coil and the company was not adjusted the selling price proportionally to the rise of its raw material. Due to the market competition corporate
higher costs particularly raw material costs impacted the EBITDA result compared to the same period in 2016. Fuel prices have risen however, as prices were agreed before the latest spike, the company paid
incomes also increased from the revenue of by products, waste, material and interest received from the short term investment fund. Regarding to ECF Holdings Company Limited, as the subsidiary of the Company
disposition of the Company’s assets in accordance with Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or
, restaurants and etc. such products as pies, cookies and bakeries. The Company has a subsidiary, Aurum and Aurum Company Limited (together with the Company, the “Group”) which operates raw material and equipment
issued by home regulator; 4 (c) has not had record of violating the laws or regulations under the responsibility of the home regulator in the matters relating to disclosure of material information to
issued by home regulator; 4 (c) has not had record of violating the laws or regulations under the responsibility of the home regulator in the matters relating to disclosure of material information to
opening of new branches, (2) positive same-store-sales growth and (3) increased sales of raw material to franchisees. Franchise fee income increased from THB 56.5 Mn in 2017 to THB 69.6 Mn in 2018, an
in which all conditions precedent under the Shares Sale and Purchase Agreement is fulfilled or receiving indulgence from the related party (in which all material conditions precedent has been
% and was mainly due to (1) the opening of new branches, (2) increased sales of raw material to franchisees and (3) increased sales of retail merchandise. Franchise fee income increased from THB 13.0 Mn