nationwide for these new products. Additionally, marketing efforts were put continuously in the Philippines. Consequently, sales expenses to sales revenue ratio escalated moderately from 37.80% to 54.87% as
carried out in Q2/2020. Management Discussion & Analysis Q1/2020 Positive signal from Mikka Coffee Stand amidst the pandemic In Q1/2020, After You introduced and piloted new coffee stands under the brand
to add almost 40 new outlets during Quarter 4/2017. As such, all these positive factors are expected to drive both increased growth for both Same-Stores-Sales (SSS) and Total-Systems-Sales (TSS), that
capacity and took advantage of our increased capacity to maximize production in anticipation of a strong sugar season. The fourth quarter was even stronger than forecasted with volumes up over 30% in
farm project which is fully financed and having a positive impact on EBITDA as electricity cost is reduced. Net cash flows provided by financing activities has increased from short-term and long-term
to a stronger growth of trading partners’ economy, and in terms of prices on the back of rising global crude oil price. Tourism sector continued to expand, private consumption gradually increased
to a stronger growth of trading partners’ economy, and in terms of prices on the back of rising global crude oil price. Tourism sector continued to expand, private consumption gradually increased
taxonomies/classifications Strengthening of government policy and legislation These shifts are likely to lead to: - Increased accountability, transparency - A red line under impact-washing related challenges
Business and Other Businesses mentioned above and also the positive impact from the implementation of new TFRS - 16 Lease. Finance Costs Finance Costs in 1Q20 was Baht 108 million increased by 323.5% YoY due
the Company and its subsidiaries had continuously increased from the same period of 2017 as follows (1) Revenue from sales of program rights increased 16.47% (2) Revenue from advertising and media