contracts 11.2 (0.2) (11.4) N.A.(

previous quarter attributed to continual expansion of public and private investments and private consumption expenditures in relating to the growth in tourism. However, the exports of goods and services have

mainly from an increase in revenue from dessert café, which was attributed from expansion of 8 new stores from Q2/2018 and a rise in Same-Store-Sale-Growth (SSSG). Gross Profit and Gross Profit Margin

services revenue from OEM business. Food business The food sales was Baht 7,130 million, increased by Baht 520 million or 7.9% from last year mainly from new restaurant outlet expansion and strong growth in

income from our consolidation with Nguyen Kim since June 2019, Insurance compensation from Fire incident at Zen Department Store 3,283 THB million, the increased revenue from rental service from Robinson

First Quarter of 2020 1. EXECUTIVE SUMMARY WHAUP finished our First Quarter of 2020 with a Normalized Net Income of Baht 219.0 million, a 18.8% decrease from 1Q2019 while Net Profit of Baht 43.5 million

quarter of 2020, the amount of collection increased. With the collection amount from bad debt written off, this is recorded as income 26.4 million baht. The overall NPL Ratio of the company is 7.79 as of Q2

) Steady growth in private consumption from stimulus packages and recovering agricultural product prices from production expansion and 4) Other supporting factors, such as government spending and other

network expansion led to increasing cost of service 3.9%YoY and 3.4%QoQ; however, SG&A was well-managed and dropped -12%YoY and -8.8%QoQ, resulted in stabilized EBITDA with -0.9%YoY and +1.6%QoQ. Net profit

: Million Baht 3Q/19 4Q/18 4Q/19 %QoQ %YoY FY18 FY19 %YoY Credit card income Loan income Hire-purchase income Other income 1,897 3,048 192 841 1,844 2,790 130 542 1,878 3,077 241 969 -1% 1% 26% 15% 2% 10% 85