mix of lower cost structure products. Selling and Administration Expenses • Selling expenses to total revenue ratio in Q1-2020 rose by 0.06% QoQ resulting primarily from decreasing in total revenue
situation is relieved. New Pancake Mix to increase penetration in modern trade From March 22nd, 2020 to May 16th, 2020, the Company temporarily closed dine-in areas of the outlets while maintaining the
Deposit Baa1 Baa1 Baa1 Short-term Deposit P-2 P-2 P-2 Senior Unsecured Debt Instrument Baa1 Baa1 Baa1 Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook Stable
still intense competition together with exchange rate fluctuations causing the sales of this product of the company to decrease. However, the company expects that with the strength of sale channel and
Baa3 Outlook Stable Stable Stable Financial strength (BCA) baa2 baa2 baa2 Financial strength outlook Stable Stable Stable Standard & Poor’s Long term - Debt instruments BBB+ BBB+ BBB+ - Deposits BBB+ BBB
instruments Baa1 Baa1 Baa1 Subordinated debt instruments Baa3 Baa3 Baa3 Outlook Stable Stable Stable Financial strength (BCA) baa2 baa2 baa2 Financial strength outlook Stable Stable Stable Standard & Poor’s
from overall F&B business is not less than THB 100mn in 2018. On Financial strength and cash flow, the Company recently get approved from 2018 Annual General Meeting of Shareholders to maintain debenture
business in Singapore with Baan Ying Group. We saw a good trend in this business and are preparing infrastructure for branch expansion. On Financial strength and cash flow, the Company has paid back full
operation business as GSTEL was currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheet and improve their financial strength. The Company’s
Associate Company’s ordinary shares will benefit tothe Company and shareholders in the future, Whereby after the investment by the Company and other investors, the Associate Company will be strength and ready