business in March 2018, which caused setting up costs as one-time expenses during 2018. Cost of real estate sold in 4Q/2019 decreased to THB 352.5mn from THB 1,010.8mn in 4Q/2018 in line with the decrease in
functional drinks (+26.2 YoY). Domestic beverage continued showing strong growth at 4.6% YoY from both energy drinks and functional drinks. Speed-up health and hygiene innovations made a turnaround of domestic
Sales (60) (83) 38% (134) (161) 20% Gross Profit 77 147 91% 183 267 46% Other income 1 4 300% 2 7 250% Selling and Distribution Expenses (53) (71) 34% (111) (133) 20% Administrative Expenses (32) (36) 13
after testing the market with the “Pop-up Store”. In addition, the Company plans to open 5 more After You dessert store by 2022 namely Terminal 21 Rama 3 branch, Queen Sirikit National Convention Center
to increase reach to targeted customer while also responding to higher customers’ demand. Expansion of “Pop-up” Store The Company continues to expand new versionsof Pop-up store beside from traditional
café which has a higher gross profit margin than sales from other distribution channels. The Company has also displayed the ability to manage cost efficiently. G R O S S P R O F I T a n d G R O S S P R O
traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see
increase of the registered capital of the Company by issuing 650,789,079 newly issued ordinary shares with a par value of Baht 1. 00 per share accounting for 18. 48 percent the Company’ s issued and paid- up
Grand Canal Land Public Company Limited or “GLAND” with details to the transactions as follow • On September 12, 2018, CPN Pattaya Co., Ltd., (“CPN Pattaya”), a wholly owned subsidiary of CPN, acquired