in the entering into the agreement on franchising business model with various strategic partners in Europe and Asia in order to maximize its growth opportunity in highly competitive market. III Other

in Europe and Asia in order to maximize its growth opportunity in highly competitive market. Country Company-operated Stores Licensed Stores Total United States 6 - 6 United States (Hawaii) - 2 2

%. This increase was mainly due to staff cost of brand support increase in order to support the expansion of branch for both the restaurants which the company owns itself as well as franchise restaurants

Million, decreased by 169.79 Million Baht or 17.18% compared to 31 December 2018. Changing of total liabilities compared with last year consist of; o The Group has short-term loans from banks in order to

International Advertising in order to reflect on its international expansion strategy. Accordingly, the revenue contribution was divided into 1) Domestic Advertising revenue of 34.5% (or THB 258mn); 2

construction tool and equipment in order to improving capabilities and support new projects. o Retention receivables totaling of Baht 31.48 Million, increased of Baht 20.91 Million from last year. Resulted from

the rising order for the Company’s energy drink from overseas market up until now and more product variety requirement, the Company decided to invest in capacity expansion for both bottling and canning

considered the rising order for the Company’s energy drink from overseas market up until now and more product variety requirement, the Company decided to invest in capacity expansion for both bottling and

an associate in the first quarter of 2020. 4. The Company had cash, cash equivalents, and short-term investments of THB 1,302.5 mm in order to manage the Company’s liquidity and prepare for the

significantly increased by 48.99 Mb or 34.8% compared YOY. This was mainly due to a big order from our new clients in the Insurance segment. In addition, our existing customer doubled renewable user licenses due