and efficiency gained from Phase 3 of the new plant that supported volume growth helped lessen the effect of the above on profit margin. Administrative and Selling Expenses Selling, general, and

traditional Thai desserts, which gained popularity in this past period. From the reasons mentioned above, in 2019 there are a total of 3,247 new players in Thailand's pastry and bakery industry or an increase

0.0033 per share, totaling Baht 23.36 million (5) Gain from sales of investment In 2018, The Company gained from sales of investment at the amount of Baht 42 million but there is no gain or loss from sales

benefit from greater range of market opportunities through a more diverse range of suppliers.This innovative approach has gained the endorsement of the Australian Government as a means of supporting

targets, while we also gained wide acceptance and recognition at home and abroad, as reflected in the numerous awards we received in 2019. C Contents Page Executive Summary A 1. Overview of Operating

(a) unlawful act caused by intention, gross negligence or merely lack of due care; (b) benefits gained or will be gained by a wrongdoer or person related to the unlawful acts or any other person; (c

million x 3,540 days Enclosure Page 8 5,479 Days = Baht 951.06 million (2) Deducted by the benefits which the licensee had gained during the business operations as follows: (2.1) Subsidy for rental expenses

help expand the customer base and create ecological system. FSMART will have a complete database to contribute more valuable things in the future.

Directors Meeting of the Company No.6/2019, which the Audit Committee is also attended, has considered information regarding the investment and deemed that this transaction is reasonable and valuable to the

. This will help expand the customer base and create ecological system. FSMART will have a complete database to contribute more valuable things in the future.