(948.15) 0.00 (948.15) Allowance for devaluation of inventories 2.55 0.00 0.00 0.00 2.55 2.55 Gross profit (loss) by segment 79.15 0.00 5.48 0.00 84.63 1.06 85.69 Segment income (%) 96.64 0.00 3.25 0.00

services (4,799.36) 0.00 (128.82) (17.44) (4,945.62) 0.00 (4,945.62) Allowance for devaluation of inventories 4.00 0.00 40.00 0.00 44.00 44.00 Gross profit (loss) by segment 568.22 0.00 51.90 (7.66) 612.46

(1,319.00) 0.00 (1,319.00) 0.00 (1,319.00) Allowance for devaluation of inventories 0.00 0.00 0.00 0.00 Gross profit (loss) by segment 136.25 0.00 136.25 0.93 137.18 Segment income (%) 99.94 0.00 99.94 0.06

services (1,283.14) 0.00 (1,283.14) 0.00 (1,283.14) Allowance for devaluation of inventories 0.00 0.00 0.00 0.00 Gross profit (loss) by segment 121.16 0.00 121.16 1.40 122.56 Segment income (%) 99.90 0.00

re-opening the telecom shops in malls. Meanwhile, price competition remained fluid as operators continued offering low-end unlimited data plans in prepaid segment. Despite these challenges, we

services (1,405.95) 0.00 (1,405.95) Allowance for devaluation of inventories 0.00 0.00 Gross profit (loss) by segment 108.37 1.40 109.77 Segment income (%) 99.93 0.09 100.02 Sales to Cost of Sales (%) 92.84

lower investment in projects and maximize brand value. For example, the Company focuses on franchising businesses to grow the brand both domestically and internationally. This attempt has been reflected

Company has company-operated stores and licensed stores as follows. In the future, the Company plans to focus on lower investment in projects and maximize brand value. For example, the Company focuses on

carried out in Q2/2020. Management Discussion & Analysis Q1/2020 Positive signal from Mikka Coffee Stand amidst the pandemic In Q1/2020, After You introduced and piloted new coffee stands under the brand

“After You” and “Maygori” brand • Take-home product sales from store fronts and “After You Marketplace”, as well as orders through food delivery services (portion of In- store sales : Take-home product