bring back consumers’ purchase power for home repairs. Moreover, operators of modern construction material retail stores are still increasing the number of branches and group of project customers have
as well as the effectiveness of cash van distribution system that having access to over 180,000 retail stores nationwide. Meanwhile, sales of branded product by 3rd party’s manufacture decreased by THB
to fight back the pandemic situation The COVID-19 pandemic and the closure of shopping malls, announced towards the end of March 2020, vastly impacted the sales of After You outlets across the country
construction companies, etc. • For the Modern Trade group, which are the large retail stores, despite the fact that the Government sector has relaxed its measures by allowing such stores to be open conforming to
virus outbreak. In addition, there were savings at restaurants when outlets were modified to support the takeaway and home delivery services as well as rental saving from negotiation with landlords
million or 23.34% from the year end of 2016. mainly due to the decrease in land, property, plant and equipment in amount of Baht 150.80 million or 34.00% according to lower number of active outlets and
15.7% compared to the previous year due to the addition of Kitchen Plus brand which began in the 4th quarter of 2018 and termination of unprofitable restaurant outlets with one time write-off expenses
by 1.7% or Baht 113 million from the fiscal year 2017. Although overall Thailand economic was still stagnant, the company performed better than market by new restaurant outlets expansion. Cost of Sales
% compared to the previous year due to the addition of Kitchen Plus brand which began in the 4th quarter of 2018 and termination of unprofitable restaurant outlets with one time write-off expenses
channels. Less than 20 percent of funds are sold through an open-architecture system. Moreover, media outlets should disclose costs or help promote long-term investment. Vorapol Socatiyanurak, SEC Secretary