expressed or implied by such forward- looking statements. Please note that the company and executives/staff do not control and cannot guarantee the relevance, timeliness, or accuracy of these statements
Analysis (MD&A) 2019 Page 3/8 profit equal to 67 million Baht. It was due to a result of the strict credit control by the Company, causing an increase in revenue from collecting (Bad Debt Recovery
margin (excl. NCI) 50.3% 20.5% Note: The Company restated 1Q 2016/17 financial performance after the consolidation of Rabbit Group under the common control basis. 1Included extraordinary item from gain of
and the overall cost control measures are well implemented so that to serve as a tailwind factor to our ability to effectively manage SG&A expenses. 4 Financial expenses Our financial expenses in Q2
profit margin because it is an estimation of revenue and cost against actual usage. Normally, the Company can control cost for project management so during the project closing, profit margin of
human resources policies. We believe that our SG&A expenses have become normalized and the overall cost control measures are well implemented so that to serve as a tailwind factor to our ability to
us to streamline food production and have better control on production costs. The company plans to continue to scout high traffic locations in the following years to expand our cafés which require less
different from any future results, performance or achievements expressed or implied by such forward-looking statements. Please note that the company and executives/staff do not control and cannot guarantee
prospectus becomes effective. 4. SET has approved on the listing application of EP in principle. 11 Effect of the Spin-Off on the Company and the Company’s shareholders 1. EPS Dilution/ Control Dilution Upon
inventories in 2017, the inventory turnover days increased to 73 days, from 70 and 60 days in 2016 and 2015, respectively. With prudent control, the company set aside provisions for obsolete inventory aging