, Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654 3323 The Company pursues a new business strategy which focuses on leveraging the brand equity which is through

payables. Shareholders’ Equity As of 30 June 2019, shareholders’ equity of the Company was recorded at THB 4,828.89 million. The minor drop in shareholders’ equity of 4.77% was mainly due to declining

Equity - ROE (%) 7.06 Return on Assets - ROA (%) 6.32 Net Profit Margin (%) 22.87 Please be informed accordingly. Yours Sincerely, Mr. Piyawat Ratchapolsitte Chief Financial Officer

from financial institutions. Total liabilities declined as short- term loans from financial institutions and trade payables fell. Shareholders’ Equity As of 30 September 2018, the Company held

% of the total liabilities. Shareholders’ Equity As at 30 September 2018, the total shareholder’s Equity of the Company were 1,432 million Baht; decreasing by 37% as compared to the end of the year 2017

declined as a result of the decrease in loans from financial institutions, trade payables and other payables. Shareholders’ Equity As of 30 September 2019, shareholders’ equity of the Company was recorded at

Company has company-operated stores and licensed stores as follows. The Company pursues a new business strategy which focuses on leveraging the brand equity which is through franchise model. Such initiative

to 10.36636 billion THB. 4 As a result of the above reasons, the interest-bearing debt to equity ratio and the debt-to-equity ratio have increased from 0.82:1 to 0.91:1 and from 1.00:1 to 1.14:1 as of

total sales of around 805,000 units. In the equity market, the average daily turnover (SET and mai) for 2Q17 decreased from Baht 50,865 million in 1Q17 to Baht 42,089 million. The SET index at the end of

total sales of around 830,000 units. In the equity market, the average daily turnover (SET and mai) for 2Q17 decreased from Baht 50,865 million in 1Q17 to Baht 42,089 million. The SET index at the end of