only 2.4 percent, recorded as the lowest GDP growth among 5 years since 2014. (Source: Siam Commercial Bank). Additionally, The World GDP of 2019 expanded at 2.4 percent. (Source: International Monetary
Commercial Banking In 2019, the Thai economy grew at a slower pace than the previous year and below its potential. Growth is estimated at 2.5%, the lowest level since 2015 and a significant drop from 4.1% in
wide range of economic activities, weakening purchasing powers, lowering household income, increasing number of laid off labors, high debt burden, and lowest consumers’ confidence in more than 21 years
program rights was granted by the Company's Managing Director (MD) to authorize this transaction. 2. The Company recognized revenue from sales and delivery of program rights to two new local customers, whom
Franchise Fee* • In-store dessert and beverage sales across 38 outlets under “After You” and “Maygori” brand • Take-home product sales including customer purchases at branch and orders through food delivery
delivery. In addition, the Company attempted to increase sales by engaging in the development of products with customers to create reliability for customers in dealing businesses with the Company. Return on
increased in relation to the increase of the sales revenue. At the end of Q2/2017, unbilled receivables are increased by 23.02% from the year end of 2016 because there are some projects under delivery and
delivery and acceptance as per its scope prior to the billing conditions. Advance Payment for Goods and Services At the end of 2016 and of Q3/2017, the Company reports its advance payment for goods and
of Shareholders No. 1/2017 in the case of any issue concerning the preparation of documentation and information which results in a delay in the delivery of documentation and information to the
of Shareholders No. 1/2017 in the case of any issue concerning the preparation of documentation and information which results in a delay in the delivery of documentation and information to the