) 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
imports of capital goods and raw materials. This was in line with the improving business sentiment and export recovery. The value of Thai exports for the first two months of 2021 fell by 1.2% yoy. Excluding
rating at “BBB+“ with “Positive” outlook by TRIS Rating. Land and Houses Bank Public Company Limited is assigned the company rating of “A-” (Single A Minus), affirms the rating of LH BANK’s hybrid Tier 2
of infrastructure investment such as the Eastern Economic Corridor (EEC), mass transit trains and high-speed railways will bolster business sentiment. Moreover, there are indications that suggest
foreseen the potential of a positive growth by 6.9% for Asia region in 2021. Here in Thailand, the infection was contained relatively quickly and we are also on the path towards economic recovery. In line
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
ANALYSIS FOR PERIOD ENDED 30 SEPTEMBER 2017 3.1. Analysis of Q3 2017 and YTD 2017 results The key drivers of the Q3 2017 performance on the positive side were higher volumes which led to an 10.3% increase in
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