assets which comprised by contract rights, inventories and fixed assets from UFAS (Thailand) Limited amount of 28.5 million Baht (exclusive of VAT). The objectives of acquisition are decreasing in

7,721.1 7,296.8 5.8 Property, plant and equipment 6,534.8 5,965.7 9.5 Investments in associated companies 525.1 - - Others 2,798.3 2,243.6 24.7 Total Assets 44,346.8 46,319.3 (4.3) Bank overdrafts and short

were continued expansion of the outlets network for the existing brands together with the reopening those outlets closed for renovation last year, sales of premium and CRG Gifts products, and the

hires supporting business expansion, (3) increase in professional fees, and (4) increase in accounting and audit fees both in Thailand and overseas, while the Company had reduced legal fees and unrealized

to THB 114.7 Mn respectively, an increase of THB 1.9 Mn or 1.7%. This increase was mainly due to staff increase to support the future business expansion. As a percent of total revenue, administrative

Huntsman assets. 1Consolidated financials are based upon elimination of intra-company or intra-business segment) transactions 2Total of each segment may not always tally with consolidated financials due to

through franchise models • Focus on regional branch expansion throughout major cities in order to create opportunities to capture more customers • Target to expand to total of 100 branches by the end of

1EBITDA Margin and Net Profit Margin are calculated from Total Revenue Financial Performance Management Discussion & Analysis Q1/2023 Executive Summary Significant Events Expansion of “Luggaw” and Mikka

shopping malls and also plans to continue expanding its Mikka coffee chain as planned. Focus on Continuous Branch Expansion of Dessert Café According to Plan In Q3/2023, the Company expanded 4 new dessert

mainly from the increase in revenue from dessert café, which was attributed to the expansion of 7 new stores from Q3/2018 and a rise in Same-Store-Sale-Growth (SSSG). Gross Profit and Gross Profit Margin