Baht which was lower than the same period last year 30% due to the reduction of rental and service revenues. Service and Administrative Expenses The Company had service and administrative expenses for

well as other marketplaces e.g. Shopee, Lazada etc. Industry Overview Thai economy in 4Q19 was slowdown. On the domestic front, private consumption indicators suggested expansion in all spending

plans to open approximately 8 additional branches, which 7 branches are in Bangkok and 1 branch is in other provinces, consisting of 3 new dessert cafés and 5 new After You Marketplaces. The expansion is

considering more expansion of F&B business. The target revenue from food and beverage business is THB1,000mn within 2023. ( * source: Press Release no. 65/2019 from Bank of Thailand, 6 November 2019

, compared with 63.58% for the same period last year. The increase in gross profit margin was mostly because the Group had better cost management especially the reduction in the price of raw material which is

www.filtervision.co.th -English Translation- 28 February 2020 Re: Report of the resolutions of the Board of Directors’ Meeting No. 1/2020 of Filter Vision PCL. (capital reduction, capital increase

, respectively to facilitate the expansion of VH management services in Thailand 14 May 2018: VI acquired shares in Vienna House Asia Limited, a JV company between VI and Absolute Hotel Services Hong Kong with a

economy demonstrated cautious growth driven by tourism-related sector expansion and subsided inflation, while facing political uncertainties and global economic risks. AIS core service revenue reported at

reduction for source of fund of other projects and further business expansion. Enclosure 1 8 4.5 Reasonableness of the price of new shares to be issued and offered to the private placement and sufficiency of

income surged significantly, especially the 19% increase in bad debt recovery. However, this year the Company will focus on fee-based income expansion. Revenues Structure Profit and Loss Statement Unit