expenses did not increase significantly. Management Discussion & Analysis YE 2019 Summary of new products in 2019 Through consistent R&D effort, After You continues to develop both in-store and To-Go menus
develop, comprised decrease of interest rates of loans from bank. For separate financial statements, the Company has finance costs for the year 2019 and 2018 in the amount of Baht 120.8 million and Baht 3.8
advance payment for shares subscription in the amount of USD 20.83 million (equivalent to Baht 708.03 million) to PT Medco Ratch Power Riau, an indirect joint venture, to develop the Riau Thermal Power
the Development of Theme Park Project in CentralPhuket On 25 July 2017, the Company established a new joint venture, Phenomenon Creation Company Limited, to develop the Theme Park Project in
develop a new resort on Deira island, Dubai under Vienna House’s brand. The expected total value of the project is up to THB 5,000mn. Should the project proceed to a stage where a binding agreement is to be
. Moreover, operators of modern construction material retail stores are still increasing the number of branches and group of project customers have continued to develop new residential projects.
value of the projects after deducting the value recognized of over than 20 billion Baht. The Company is aiming to sell and develop the projects as planned in the next 1 – 2 year later. In addition, the
the land to develop projects. 6. Decrease in short-term loan to related parties of THB 114.8 mm, because of having loan repayment from the associates in power business. 7. Decrease in investment