employees for their co-operation in achieving targets for revenue growth, store expansion, driving gross margin and good customer service, as well as having awareness on energy conservation and care for the

positive same-store-sales growth during 2017 and (3) the increased sales of raw material to franchisees. Franchise fees income increased from THB 15.1 Mn in 2016 to THB 56.5 Mn in 2017, an increase of THB

Analysis For the Operating Results ended December 31, 2019 In 2019, the amount of aviation fuel services volume at BKK and DMK totaling up to 6,139 million liters, which have the growth rate of 2.3%(y-o-y

THB 0.40 million or +46.52% YoY due to the increase in marketing activities in line with the expansion of digital content via telecommunication channels service. In 9M2021, selling expenses were THB

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due

higher competition. The company recorded revenue from services of 579.03 million Baht which increased from the last year totaling 431.89 million Baht or 293.52% due to the expansion of construction

for business expansion, enhance competitive edge and foster creativity and innovation, it will bring about mutual benefits to the country sustainable development in the long run.  Vorapol Socatiyanurak

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4

million, increased by THB 0.61 million or +4.39% YoY due to the increase in profit before income tax expense. However, the growth rate of income tax expense is lower than the growth rate of profit before

infrastructure projects in support of national growth and regional linkage. Major infrastructure projects include Motorway Link to connect Thailand?s Western Seaboard and Myanmar?s Dawei Deep Seaport and