first quarter ended March 31, 2020 with those of 2019. This report discusses principal changes in the reviewed consolidated financial statements. Changes in Financial Reporting Standards The financial
. In 2018, the Thai economy has grown at a continuously solid level with a GDP expansion of approximately 4.1% YoY. The growth is attributed to a number of factors, namely 1.) strong export growth
position for the first quarter ended March 31, 2020 with those of 2019. This report discusses principal changes in the unreviewed consolidated financial statements. Changes in Financial Reporting Standards
higher employee expenses, depreciation, and delivery expenses caused by the rise in the number of delivery trips as a result of the increase in sales. Administrative expenses were Baht 307.7 million in
E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4
analysis for the year ending 31 December 2019, as follows: Business Overview In 2019, the Group's total revenue growth (TSSG) increased by 6.1% compared to the previous year driven mainly by new branch
delivery services (portion of In-store sales : Take home product sales approx. 65%:35%) • Sales of beverages and desserts across 11 company-owned outlets under “Mikka” brand • Finished or intermediate
the temporary closure of some branches in areas and the higher proportion of take-home products and orders via food delivery services, which have lower margins due to higher packaging costs. In addition
dessert café which has a higher gross profit margin than sales from takeaways or purchasing through food delivery services. In addition, the Company has increased the price of some products since March 2022