/2023, the Company opened 2 new Luggaw branchs at the EmSphere and the The Mall Bangkae branch. Luggaw will focus on selling a variety products made from Thai fruits. In 2024, the Company plans to expand
new dessert café, located at Siam Center. The Company continues to focus on expanding branches to areas that are tourist attractions and residential areas with high purchasing power and have a large
exchange of Baht 69.3 million in Q3 2023, due to appreciation of Thai Baht in Q3 2024. Loss on foreign currency exchange in Q3 2024 was related with the account receivable in USD. However, Gain on foreign
environment The Thai economy for the year 2019 exhibited a decelerating trend. Private consumption slowed down in almost all categories especially in durable goods from the contractions in vehicle sales partly
name of the umbrella fund ________________________________________________________________________ 1 Legal entity refers to the legal form of Thai CIS. CIS in Thailand is set up as a legal entity
business for international schools and the healthy food business. Although hotel business is expected to remain under pressure from global economic slowdown and Thai Baht appreciation, the Company expects a
business for international schools and the healthy food business. Although hotel business is expected to remain under pressure from global economic slowdown and Thai Baht appreciation, the Company expects a
US$1.04 trillion5 and 267 million population with young working age population, growing middle and upper income class, rapid digital penetration, high credit growth6 and large unbanked population7
million or 67% due to the increase in Energy Payment (EP) and the increase in Availability Payment (AP). The availability rate was increased from 99% to 100% with the depreciation of Thai Baht, which are
" of the Securities and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two