to the growth in sales of dessert cafés which was a result of same-store sales growth as well as the increase in After You branches. R E V E N U E : • The Company’s Gross Profit in Q3/2023 and 9M/2023
268.83 million or down by 1.75% resulted from the effects of weaker consumer purchasing power reflecting the decline in same store sales growth of HomePro. For subsidiaries, the same store sales growth of
7.37% and 10.80% from the previous year. The sales were impacted by several economic factors as well as the enforcement of the business shutdown order. As a result, the sales growth in this quarter did
last year which was 36.1%. The lower in gross profit margin came from the reason that the Company firstly adopted the Thai Financial Reporting Standard No. 15, subject to Revenue from Contracts Made with
%, compared to a growth of 1.5% in the previous quarter, according to data from Bank of Thailand and NESDB. This was mainly from contraction of export sector due to sluggish demand in the global market, oil
. Adaptation of Product Design to the New Normal in Post-Pandemic Adoption of IFRS 16 “ Leases” starting 1 January 2020 The adoption of accounting standard (IFRS 16: Leases) has been effective as from January
the same period of previous year. The main reason was due to the asset monetization to WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (WHART) and HREIT in the late 2017 and the
Financial Reporting Standard No. 16 : Lease (TFRS 16), effective 1 January 2020, has impacted the Company and its subsidiaries’ financial statement in recognizing a right-of-use asset and a lease liability in
: Note: The Company has adjusted the selling expenses in the financial statements for the three-month and nine-month periods in compliance with Thai Financial Reporting Standard No. 15 Re: Revenue from