positive same-store-sales growth during 2017 and (3) the increased sales of raw material to franchisees. Franchise fees income increased from THB 15.1 Mn in 2016 to THB 56.5 Mn in 2017, an increase of THB
441.89 million increased from the same period of year 2016 by Baht 59.68 million or 15.61 percent. The major reasons of the increase in revenues from sales were due to the effective sales and marketing
household debt remained elevated, economic expansion had yet to benefit household income in a broad-based manner, and the low level of some agricultural price resulting in a gradual improvement. Private
transfer. Nevertheless, revenue from rental and services increased by 14%, which mainly derived from Crossroads project phase 1 officially opening on 1 September 2019 together with the acquisition of
) positive same-store-sales growth during 2017, (2) opening new branches and (3) increased sales of raw material to franchisees. Franchise fees income increased from THB 15.1 Mn in 2016 to THB 56.5 Mn in 2017
limited to certain sales channels. On fixed broadband, competition has heightened. Operators continued to deploy half-price discounts in order to protect churn and acquire new subscriptions. Although an
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