quarter of 2020 and the third quarter of 2021, respectively. - The extension of the petroleum pipeline system to the northeastern region project (The project) is a project of Thai Pipeline Network Company
dessert store in the region. In 2023, the Company plans to open the 2nd After You dessert shop in Hong Kong. 0.8% 0.9% 1.5% 1.5% 5.8% 10.0% 14.1% 17.8% 20.7% Jan Feb Mar Apr May Jun Jul Aug Sep Proportion
Cafe in Hong Kong. Additionally, the company continued to seek opportunities for growth beyond Hong Kong. The Company plans to sign a franchise contract with partners in the CLMV region to open more
CLMV region in Phnom Penh, Cambodia. Significant Event a n d B u s i n e s s D i r e c t i o n : Trends of the restaurant business in Thailand (Billion THB) Forecast of the Thai restaurant market in 2023
groups. And this year, the company plans to open more new branches. Expand retail sales channels by focusing on department stores in the cities in each region. And there has been a makeover of branches
region in Phnom Penh, Cambodia. 242.4 228.1 283.1 319.3 350.9 381.2 412.4 2020 2021 2022 2023 2024 2025 2026 Grand Opening of "Someday in Copenhagen“ (Specialty Coffee Shop) In mid-March 2024, the Company
2024, the Company began selling its own product “Butter Bun” in 7-Eleven convenience stores across Bangkok, metropolitan area, and the Southern region. The Company plans to increase production capacity
to improved sales growth. Page 5 of 10 Management Discussion & Analysis Q3/2024 Revenue from the wholesale business declined in the dealer segment due to competition from major players in each region
compared to Q4/2017, with respect to the increased demand for crude oil during the winter in Europe, leading to higher utilization rate amongst refineries in the region; driving up price of Dated Brent as
Asia region which encountered typhoons, and lower Indian imports of Mogas during the rainy season. As well as, the new Vietnamese refinery, “Nghi Son” has begun to export Mogas for the first time