increased from year 2019. Because the recognition of revenue and cost of food business by started to recognize from Eastern Cuisine (Thailand) Company Limited and Crepe & Co. Development Company Limited in

and less waste proportion. This was coupled with the Company’s effective control of production cost, e.g. orders for raw materials in a large volume to lessen unit cost of raw materials, and lower fixed

is effective in 2019. 2.2 The decreasing gross profit margin in the remaining portion comes from the indirect cost, which is a fixed cost, was not decreased in the same direction of the sales. Gross

effective mall management and operating cost control despite major renovations at CentralWorld and CentralPlaza Rama 3 The Thai economy in 3Q17 continued to expand courtesy of solid growth in export of goods

assumed that the Company could handle more effective at controlling employee’s remuneration, traveling expenses, and infrastructure expenses. Financing Costs The financing costs of financial institutions

favorable EBITDA stemmed from not only the revenue growth but also the effective cost control as mentioned above. Financing Cost The financing cost increased from merely THB 0.3 million to the amount of THB

security revenue , the Company posted 20% growth in 3Q17 which was attributable to the increase of number of patients and bill amount. Cost of Hospital Operations Cost of hospital operations during 9M17

Acc.002/2018 February 21, 2018 To: The President The Stock Exchange of Thailand Subject: Management discussion and analysis (MD&A) for Year 2017 Dear Sir, S. Khonkaen Foods Public Company Limited or

by 1.7% or Baht 113 million from the fiscal year 2017. Although overall Thailand economic was still stagnant, the company performed better than market by new restaurant outlets expansion. Cost of Sales

due to cost of goods sold decline as a result of effective cost of goods sold control Q1/2020 Selling Expenses The Company and its subsidiaries recorded selling expenses of Baht 106 million, a decline