percent of the total shares of NEXT, from the Seller. The Company shall pay for the share acquisition upon a condition that the payment amount is varied according to the calculation from the earnings before

100.00 percent of the total shares of NEXT, from the Seller. The Company shall pay for the share acquisition upon a condition that the payment amount is varied according to the calculation from the

branches as of 31 December 2018) and 1 branch of Maygori (1 branches as of 31 December 2018) 2) Non-café sales (finished or intermediate products). For instance, on-line sales , Head office pick-up, OEM

similar rate. The profit in Q3–2019 varied with the company’s revenue which increased in the same direction with the increased in revenue. However, when compared to the Q2–2019, it found that the increased

) Income tax expenses in the first quarter of 2018 increased by Baht 41 million or 55% increase when compared to that in same period of 2017. This expense varied with the operating results of the Company and

the project cost. 4. Income tax expenses for the year ended 2019 decreased by Baht 246 million or 46% decrease compared to the same period of 2018. This expense varied with the operating results

support project in the first quarter of 2019 is more difficult and varied than the previous year which effected higher cost than the first quarter of 2018 6. Cost of goods sold (E-Commerce) Cost of goods

was more difficult and varied than the previous year which effected higher cost. Therefore, the proportion of cost decreasing is less than the proportion of revenue decreasing. 6. Cost of goods sold

quarter of 2019 decreased by Baht 86 million or 70% decrease compared to the same period of 2018. This expense varied with the operating results (excluding share of profit from investments in associates) of

1/3 L-WAVE ENT 19/2019 14 August 2019 Subject : Management’s Discussion and Analysis for the six-month period ending 30 June 2019 operating results that varied more than 20% compared to the same