temporary suspended. Private consumption contracted as a result of weakening purchasing power and high household debt. Government have implemented financial relief measure to help those affected by the COVID
revenue due to the decrease in consumers’ purchasing power as a result of the impact from the new wave of COVID-19 outbreak, as well as the temporary closure of some branches according to government
, outbound tourists, and economic activity. However, the rising inflation was an emerging factor pressuring purchasing power for price-sensitive consumers to look for cheaper packages. • Competition in the
dessert café which has a higher gross profit margin than sales from takeaways or purchasing through food delivery services. In addition, the Company has increased the price of some products since March 2022
in gross profit was mainly due to increase in the proportion of sales from dessert café (Dine-in) which has a higher gross profit margin than sales from takeaways or purchasing through food delivery
from expanding Boonterm kiosk. 2) Sales profit was Bt0.88mn, a decrease from 2Q2017 which was Bt1.44mn, represented 38.9%. In 2018, the Company emphasize efficient Boonterm kiosk spot, meanwhile in 2Q17
environment. In the first quarter, the Company adjusted strategy to expand outlets by expanding branches franchise business. This is a new business opportunity that can attract local business networks by
competitors’ kiosks, and the economic slowdown, which affects middle-to-low income population’s purchasing power. The details of total revenue are as follows: 1) Income from rendering of top-up service for
and 36% from 2019, respectively. • The decrease in operating revenue was mainly from the fall in revenue from in-store sales and the decrease in purchasing power of domestic consumers as a result of the