arbitrage opportunity under Put Call Future Parity seem to reduce gradually. Absence of total transaction costs • Short strategy was quite more profitable than the long one. • Occurrence of short strategy was
started from this quarter. - Restaurant business decreased THB 17.59 million, down 11% compared to the same period of last year mostly from the decline in household spending and closure of 14 non-profitable
, Thailand’s pastry and bakery industry face fierce competition from both direct and indirect competitors as result from (1) Pastry and bakery industry face a threat from a price war; hence competitors often use
property to reserve for its expansion projects regarding the committed growth and sustained profitable on such investment to all shareholders as per attached information memorandum regarding the connected
loss in Q1 2020 but turned profitable in Q1 2021. 3) Lower tax expenses. 2) Financial Position Analysis (Unit : Million Baht) March December Change 2021 2020 Amount % Change Total Assets 23,138 22,346
from Covid-19, caused a big loss of Baht 631.26 million in a Q2 2020. However, the company was able to turn profitable for full-year 2020 and generated over Baht 1,000 million of net profit in 2021. 2
of 248.6 million baht, decreased 176.0 million baht or 70.8 percent. Performance for Q3/2019 was loss 2.3 million baht compared to Q3/2018 that was profitable 134.5 million baht, decreased 136.8
services to meet customer satisfaction. The development of the company as mentioned above, The Company has improved its performance and expected to be profitable in the near future. Please be informed
-profitable branches. The Group has shifted into delivery activity in this quarter. - Entertainment business earning decreased THB 7.98 million from THB 11.91 million compared to the same period of last year
had to be closed according to government policy. But the company was able to adjust to its profitable operating results this quarter details as follows: Management Discussion and Analysis Q2/2020 Page 3