benchmarked. In addition, the KPIs’ definition, the rationale behind their selection and the calculation methodologies and perimeter of reporting are defined in the Framework and in internal documentation

or quantitative explanation of the contribution of the main factors, including M&A activities, behind the evolution of the performance/KPI on an annual basis; illustration of the positive

carrying out effective cost management to maintain profit margin target.

found that the value of the investment in the subsidiary company was lower than its carrying amount approximately 14 million Baht. Therefore, the Company had recorded the estimated loss from the

management as usual. The amount of compensation from the termination of the lease agreement was THB 120 million, Based on market value of the leasehold rights appraisal which was higher than project carrying

Company was carrying higher loan amount for asset acquisition of KPNL’s 2 projects, The Diplomat 39 and The Diplomat Sathorn, which were complete-built projects where loan interest expense could not be

equivalent to THB 101.6mn for the purpose of carrying out hotel management services 13 September 2018: Vienna House establishes a new subsidiary and signs a new operating lease contract. REVO München

ceased of refinery plant for maintenance and overhaul, resulted in a higher cost of sales. But the main reason comes from carrying raw materials more than usual since the mentioned overseas customer

expense from the Lofts Asoke project was recognized as financial cost after the construction completed in December 2018. Moreover, in comparison with 3Q18, in 3Q19, the Company was carrying higher loan

for renovations to effectively utilized their space for working, learning, and carrying out their daily routines at home. Also, many restaurants have closed due to the COVID-19 crisis, prompting more