listed companies.   Having strong CG could help lessen risk exposures, not specifically for market risk, as well as contribute to higher returns; in particular, less price fluctuation during economic

261.58 million baht. In the second quarter of 2019, sales quantity and selling was declined because of the fluctuation of raw material cost and keen competition of domestic market. In case of export, the

as 210.28 Million Baht decreased or 67.95% when compared to same period of previous year of 309.47 Million Baht by fluctuation from project quantity delivered to customers and recognize all remaining

restaurant’s operational expenses were lower due to outlet modification as mentioned above. Net Profit Although our business was impacted by COVID-19 pandemic, the company reported positive net profit at Baht

1/2 Ref: CIG 015/2018 March 12, 2018 Subject: Profit and loss reporting the financial statements for the year ended December 31, 2017 and explanation of more than 20 percent fluctuation in profit and

from sales: details as follow. The decrease in sales revenue is a result of the reduced sales volume. Due to the fluctuation of raw material prices and exchange rates in the past, the company has to

1 Ref: CIG 003/2563 February 26, 2020 Subject: Profit and loss reporting for the year 2019 and explanation of more than 20 percent fluctuation in profit and loss compared to that of last year. To

1/2 Ref: CIG 009/2019 February 27, 2019 Subject: Profit and loss reporting the financial statements for the year ended December 31, 2018 and explanation of more than 20 percent fluctuation in profit

impacts derived from the currencies fluctuation is at a lesser level due to the Company has adopted its functional currency to be USD since year 2019 in order to better fit the Company’s recent operation

increase due to the fluctuation of raw material price that remain high during our financial year. The direction of raw material price started to decline at the end of financial year and expects to benefit