opportunities abroad beyond Hong Kong, with plans to sign contracts with franchisees in CLMV countries to open After You dessert cafe in order to diversify risk of relying solely on domestic income and to create
foreign currencies, the Company has entered cross currency interest rate swap contracts to fully hedge its debt. Debentures, Solvency and Liquidity Management As of August 31, 2023, the Company has
total borrowings. However, in order to manage risk that might occur from the fluctuation in foreign currencies, the Company has entered cross currency interest rate swap contracts to fully hedge its debt
increase in logistic cost per contracts, (3) Rental and service fees, increased by THB 3.60 million, the increase was attributed to the fact that in 2021 the Company had received rental and service fee
marketplace commission fees, (3) an increase in transportation expenses of THB 0.76 million due to soaring fuel prices which led to an increase in logistic cost per contracts. (4) an increase in rental and
increase in logistic cost per contracts. (4) an increase in rental and service fees of THB 16.77 million, from the opening of 6 new branches during the year, (5) an increase in utility expenses of THB 5.60
% of total borrowings. However, in order to manage risk that might occur from the fluctuation in foreign currencies, the Company has entered cross currency interest rate swap contracts to fully hedge its
interest rate swap contracts to fully hedge its debt. Debentures, Solvency and Liquidity Management As of May 31, 2024, the Company has outstanding long-term debentures, representing unsubordinated and
payments made for building and vehicle leases in accordance with the contracts. Additionally, the non-current provision for employee benefits increased. Shareholders’ equity As of September 30, 2024, the
contracts to fully hedge its debt. Debentures, Solvency and Liquidity Management As of November 30, 2024, the Company has outstanding long-term debentures, representing unsubordinated and unsecured debentures