month. Currently, the 2 production lines are closed for renovate and in process of ordering new machines and expected to be installed in 4Q2020. As for fresh chicken meat, it can be sold to customers for
/2023, the Company opened 2 new Luggaw branchs at the EmSphere and the The Mall Bangkae branch. Luggaw will focus on selling a variety products made from Thai fruits. In 2024, the Company plans to expand
Branch in Phnom Penh In October 2024, the Company opened its first After You dessert Café in Cambodia, located in Phnom Penh, which was well-received by customers. The Company continues to seek for new
as well as initiating pancake mix product and new year gift to enhance customer experience. Six flavors of Kakigori, two newly-invented toast, soft cookie, and two fresh beverages were launched
healthcare and confectionery categories, particularly with new products launches, Olé Fruity Fresh. The Company’s gross margin improved to 35.4%, +60 bps YoY and +40 bps QoQ. Gross profit increased by THB 153
& Analysis Q2/2023 Executive Summary Significant Event Focus on Expanding Luggaw and Mikka Cafe During Q2/2023, the Company opened a new Luggaw branch in Samyan Mitrtown and opened another store at Unicon
Significant Event Focus on Developing and Expanding Luggaw and Mikka café The Company plans to open an additional 5 “Luggaw” branches during 2H/2024. In Q2/2024, the Company expanded 4 new Luggaw café, located
, the Company expanded 1 new Luggaw café, located at Central Ladprao. The Company will focus on expanding to shopping malls in Bangkok. For Mikka café, the Company will continue to expand its Mikka cafés
restructuring is subject to the coming EGM which will be held on 30 August 2017. Apart from the improvement of Balance Sheet, the Company expects to receive new fresh funds as CAPEX and Working Capital. With the