outsourced warehouse and logistics. The gross profit grew from THB 602.8 Mn in 2017 to THB 703.6 Mn in 2018, an increase of THB 100.8 Mn or 16.7%. The gross profit margin decreased slightly from 24.3% in 2017

mainly due to (1) the increase of raw material cost from both the restaurants which the company owns itself as well as franchise restaurants and (2) increased service fee of outsourced warehouse and

mainly due to (1) the increase of raw material cost from both the restaurants which the company owns itself as well as franchise restaurants and (2) increased service cost of outsourced warehouse and

and (2) increased service cost of outsourced warehouse and logistics. Selling Expenses For the 9 months ending 30 September 2017 and 2018, selling expenses increased from THB 68.0 Mn to THB 81.4 Mn

74.52% due to an increase in rent and service income from warehouse/factory space. This was a result from diversifying the Company’s business risk by expanding into recurring income business. The

construction and equipment installation; the machinery for production line, and for warehouse and finished goods storage. Value of Consideration : 202,325,025.00 Baht in total, which equals to 18,125 Baht per

acquire the property for factory construction and equipment installation; the machinery for production line, and for warehouse and finished goods storage. Value of Consideration : 202,325,025.00 Baht in

derivatives trading positions held by a client; (b) profit or any other interests resulted from derivatives transaction of a client; (c) warehouse receipt, bill of lading, or any other instruments which

positions held by a client; (b) profit or any other interests resulted from derivatives transaction of a client; (c) warehouse receipt, bill of lading, or any other instruments which represent entitlement in

client; (b) profit or any other interests resulted from derivatives transaction of a client; (c) warehouse receipt, bill of lading, or any other instruments which represent entitlement in assets held by a