malls and also the OEM products increased. -2- Revenues Classified by Distribution Channels 3rd Quarter 2018 3rd Quarter 2017 Variation THB % Domestic Restaurant and Bakery Business 1,690 1,615 75 4.7

generated revenues of THB 2,075 million from the sales and services, which is decreased from the same quarter of the previous year in the amount of THB 44 million or equivalent to an decrease of 2.1 percent

of 2020 was Baht 1,828 million, decrease by Baht 38 million or -2.0% from the same quarter of last year and decrease by Baht 440 million or -19.4% from the previous quarter. Sales declined from the

generated revenues of THB 1,801. 0 million from the sales and services, which is decreased from the same quarter of the previous year in the amount of THB 36. 4 million or equivalent to an decrease of 2. 0

and services, which is decreased from the same period of the previous year in the amount of THB 26 million or equivalent to an decrease of 1.4 percent from 520 restaurants and bakery shops in both

1/2 L-WAVE ENT 20/2020 15 May 2020 Subject : Management’s Discussion and Analysis for the first quarter 2020 operating results with variation greater than 20% compared to the same period of 2019 To

previous year in the amount of THB 296 million or equivalent to a decrease of 3.9 percent as a result of the operating results of Domestic restaurant and bakery business and overseas restaurant business that

generated revenues of THB 7,608 million from the sales and services, which is decreased from the previous year in the amount of THB 177 million or equivalent to a decrease of 2.3 percent as a result of

. Revenues Classified by Distribution Channels 12 Months in 2017 12 Months in 2016 Variation THB % Domestic Restaurant and Bakery Business 6,098 5,969 130 2.2 Food and Bakery Wholesales Business 762 817 (55

percent to 11.2 percent respectively. Revenues Classified by Distribution Channels 12 Months in 2017 12 Months in 2016 Variation THB % Domestic Restaurant and Bakery Business 6,098 5,969 130 2.2 Food and