increase was mainly due to (1) increased number of branches, (2) the positive same-store-sales growth during 2017 and (3) the increased sales of raw material to franchisees. Revenue from franchise fees

of THB 375.9 Mn or 21.3% and was mainly due to (1) increased number of branches, (2) the positive same-store-sales growth and (3) the increased sales of raw material to franchisees. Franchise fees

instruction, procedure and technical production, production flow, machine standardization, raw material standardization, diagnostic, testing and process control including the procedure and patent and other

Million due to efficiency improvement in raw material and production cost management. - QSR business recorded its GPM of Baht 79.0 Million that 2.6% increased from 2018 or by Baht 2.0 Million. - Swine farm

%) (Reversal of) loss on confirmed purchase orders for undelivered raw material 21 0 100% Other income 97 45 116% Total income 13,268 30,180 (56%) Expenses Cost of sale - Cost of goods sold 13,386 29,342 54

of Baht 8,792.0 million, increased of Baht 101.1 million. Because the increasing cost of raw material in manufacturing. Financial status Total assets As of 31 December 2019, the company and its

managed to reduce raw material costs due to cheaper sources of raw materials imported, but the cost of depreciation of new machines and cost of maintenance have increased. For the year of 2019, the cost of

sales and services. - Inventories increased for Baht 5.73 million, during quarter 1/ 2017, the Company had a order to be used for the production of raw materials to customers increased. - Investment in

02-943-7740 2. Decrease in cost of goods sold and services (19.92), compared to the same period last year. This is due to the decrease in sales volume. And higher raw material costs. 3.The increase in

Company had a order to be used for the production of raw material to customers increased. - Investment in associated company increased for Baht 4.43 million, occurring from realizing of profit sharing in