an increase in total revenue of 81% YoY. These were mainly from a (one-time) recognition of an upfront 50-year lease payment of a certain office space at Singha Complex and higher contribution from

impact from TFRS 15 accounting standard, resulting in lower recognition of share of profit by THB 92.3 mm. However, this is merely accounting impact, not related to cashflow from operation. • Financial

1, 2020 of THB 5.1 million on equity following the recognition of lease liabilities of THB 350.4 million and additional right-of-use assets of THB 345.3 million. IAS 17 IFRS 16 Operating Leases All

Koh Samui in Surat Thani "Self-Managed Hotels"; (2) Six hotels operate under the Outrigger brand and manage under hotel management agreements, which consists of two hotels in Thailand, two hotels in the

2018 +/- FY 2019 FY 2018 +/- Owned 3,961 3,961 0 2,541 2,788 (247) 68.4% 66.3% 2.1% 1,738 1,850 (112) Leased 3,251 1,295 1,956 3,194 3,430 (236) 73.6% 74.1% (0.5%) 2,352 2,542 (190) Managed 4,537 4,619

continue to has expenses which are fix cost which are animal feed, utilities for instance. Though, the company has managed its costs, internal resources, business operation and the cash flow to the maximized

period last year due to a slowdown in sales in China since the end of last year. Nevertheless, the Company managed to expand its business to the Philippines to extend the customer base and diversify its

/2018-2019, in-line with reduction in food revenue. However, the Company managed raw material costs by sourcing from suppliers that offered better discount in comparison to volume and enforcing tighter

to grow at 3% YoY from sales recognition of new and some existing products. This was impacted by financial statement adjustment in accordance with new Thai accounting standards. According to the

digitization trend. It stays flat QoQ from full-quarter TTTBB revenue recognition offset by large projects closed in 4Q23. Market and Competitive Environment In the first quarter of 2024, Thailand's economic