substitution by Automation. Substitution. For production costs, it was as value as last year, due to businesses made forward contracts with material source, and imported raw material and goods were lower value
debt restructuring regarding to the major 4 creditors has transferred all amount payable under the contracts to new creditor. 2. Short-term loan from other party decreased by THB 10 million due to the
orders and new customer contracts • Catering operations have moved to NYC Commissary which has improved operations, quality, and capacity Social catering program has launched and has seen strong traction
due to the stimulus policy from the government in relation to telecommunication industry giving a positive impact towards the Company in winning many new contracts and consequently resulting in a
expected higher hotel management revenue from increasing signed contracts. In the meantime, administrative expenses have increased from the advisory fees of Mixed-use Project, corporate restructuring project
long-term lease agreement as a result of the new contracts that the Company has secured during this period. Shareholder’s equity As of 30 September 2017, the Company had total shareholder’s equity of THB
transferred all amount payable under the contracts to new creditor. 2. Debt restructuring according to debt-to-equity conversion scheme which receiving resolution from the Extra Ordinary Shareholders’ meeting
contracts Catering operations have moved to NYC Commissary which has improved operations, quality, and capacity Social catering program has launched and has seen strong traction Sales and Marketing
increase in deposits from long-term lease agreement as a result of the new contracts that the Company has secured during this period. Shareholder’s equity As of 31 December 2017, the Company had total
contracts and resulting in a favorable business performance throughout the year. The Company reports the total revenue of 958.52 million THB in 2017, increased by 387.56 million THB or 67. 88% compared to the