Microsoft Word - el306ee KUANG PEI SAN FOOD PRODUCTS PUBLIC COMPANY LIMITED ANNOUNCES A CONNECTED TRANSACTION TO LEASE THE OFFICE SPACE IN ONE YEAR CONTRACTS A Kuang Pei San Food Products Public

) (42.5%) Revenue from real estate rental and service related segment 2.69 6.05 (3.36) (55.5%) Total 3.95 8.24 (4.29) (52.1%) E-Commerce segment Revenue from e-commerce segment in relation to e-Payment

0.4 million. For the period 1Q/2020, the Company reported gross profit from operating due to the cessation of the real estate rental and services related of ABC World Project, which the lease agreement

a steady growth of FTTx subscribers. 2. TFRS 16 Leases As a result of the effectiveness of the TFRS 16 Leases in 2020, it is required that the lease liabilities and the right-of-use assets for the

: Land Lease contract with Factory and Office Building 3 Size Rental Contract : Land Lease contract with Factory and Office Building Total Area, Rental Fee, and Service Charge : Factory area 750 square

lease of immovable property not exceeding 3 years Revenue item - Immovable property rental fees Baht 5 million Expense item - Immovable property rental fees Baht 5 million 3. Transaction relating assets

Service Charge : Factory area 625 square meters with monthly rental fee of 150 THB per square meter Lease Term : period : September 23, 2020 – July 31, 2021 Payment : Monthly Rental Fee for factory area

the Company’s business operations to continue, and the rental fee and common fees are the same as those of the existing Lease Agreements, which are reasonable when considering the rental fee of Baht 400

-9320 Ref: PLC 2020/003 February 3, 2020 Subject: Disclosure of Connected Transaction Information Regarding Area rental agreement To: The President of the Stock Exchange of Thailand Panjawattana Plastic

previous year 222.0% The reason that the company has increased net profits is due to revenues management, cost management and cost control. Although in the past Q2/2020, department stores and rental areas