, restaurants or any events • Pop-up store sales in various locations Catering / Pop-up 3 1 Franchise Fee Income 4 • Revenue recognition of initial franchise fee from “After You” Hongkong and “Mikka” and other
The meeting agreed to resume discussion to develop mutual recognition framework to facilitate cross-border mutual fund offerings. The discussion was initiated in 2004 before later being halted. To
across 10 company-owned outlets under “Mikka” brand • Sale of raw materials to Mikka Café franchisees in Thailand and After You Dessert Café in Hong Kong. • OEM/Food Manufacturing under the Company’s
and desserts across 10 company-owned outlets under “Mikka” brand • Sale of raw materials to Mikka Café franchisees in Thailand and After You Dessert Café in Hong Kong. • OEM/Food Manufacturing under the
of the year. However, the gross margin in the middle of 2019 will receive a positive effect from seaweed price and exchange rate; thereby the costs of main raw materials will be reducing by more than
Expenses 35 46 -24 Allowance for doubtful account (Reverse) 7 (2) 450 Allowance for diminution in value of goods 7 (3) 333 Operating Profit 16 62 -74 Less Loss from exchange rate 4 2 100 Loss on recognition
or 245.2% compared to the previous year as revenue recognition began in the 4th quarter of 2018. Costs Cost of Goods and Services Costs of goods and services amounts to 500.1 Million Baht, decreased by
DISCUSSION AND ANALYSIS FOR Q1-2020 • Inventories decreased from THB 238.24 million as at December 31, 2019 to THB 212.99 million as at Q1-2020 due to usage of raw material in stock and impairment of raw
was mainly from the Company managing to reduce raw material costs due to cheaper sources of raw materials imported and the reduced energy. For the three-month period ended 30 September 2019, the selling
percent (35.0 percent in the year 2017). The gross margin was higher as the company could be controlled the volatility of raw material prices. In addition, the production and sales in this quarter decreased