management in contemplation of enhancing business efficiency to accommodate sustainable growth. PERFORMANCE OVERVIEW 2 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 Revenue Major revenue of The Group mainly

from sales food and beverage Sales of food and beverage was 420.3 MB can be classified as follows:- A&W Restaurant: revenue from sales was 147.4 MB, an increase by 36.2 MB or 32.6% y-o-y which has

, increased by 1.8% from 6M’2016, which had total sales revenue of Baht 6,520 million. The sales revenue can be classified as Baht 3,455 million from beverage business or equivalent to 52% of total sales

subsidiaries recorded Baht 1,396.37 million and Baht 1,022.48 million, respectively, increased by Baht 373.88 million or 36.57 percent. According to the Company's plan, the revenue can be classified as follows

(“Company”) and its subsidiaries (“The Group”) would like to clarify operating results for the 3rd quarter of 2019 as follows: 1. Performance Analysis 2019 2018 % 2019 2018 % Revenue from steel tower

to meet the target group and recognize revenue from space rental since 1 July 2016. Revenue from sales food and beverage Sales of food and beverage was 266.1 MB can be classified as follows:- A&W

quarter 1/2018 4. Trading began to recognize revenue in quarter 1/2018 Operating results classified by business are as follows: Management service business Revenue from management service decreased Baht

. Therefore, the Company slowed the growth of sales in the same customer base and adding new customers. Revenue from sales food and beverage Sales of Food and Beverage was 53.1 MB can be classified as follows

food and beverage was 98.4 MB can be classified as follows:- A&W Restaurant: revenue from sales was 94.2 MB, an decrease by 2.4 MB or 2.5% y-o-y as a result of competition in quick service restaurant

and beverage Sales of food and beverage was 149.2 MB can be classified as follows:- A&W Restaurant : revenue from sales was 141.7 MB, decreased by 5.7 MB or 3.9% y-o-y as a result of competition in