changing the sales format from overseas to domestic. Sales breakdown by business and geography are as follows: Sales Breakdown by Business: Brand: Baht 693 million, down 3% YoY CMG: Baht 838 million, up
business, featuring both house brand and other brand products. To date, the Company has 10 outlets (Phetchaburi, Kanchanaburi, Pattaya, Pak Chong, Sing Buri, Hua Hin, Sriracha, Phra Nakorn Sri Ayutthaya, Hat
/2018-2019, in-line with reduction in food revenue. However, the Company managed raw material costs by sourcing from suppliers that offered better discount in comparison to volume and enforcing tighter
from 476 restaurants and bakery shop under brand “S&P” increased by 3.2 percent and 3.3 percent respectively. At the end of 3Q 2018, the same store sales of restaurants in international business declined
- zinc structural steel pipe under the Company’s brand “ZIGA” and electrical conduit under the Company’ s brand “DAIWA”. They are innovative substitute products for hot-dip galvanized product or painted
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
across 10 company-owned outlets under “Mikka” brand • Selling raw materials to franchisee of “Mikka Café” in Thailand and “After You” franchise in Hong Kong. • OEM/Food Manufacturing under the Company’s
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 trademark or per customers
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
last year, driven by the Company was able to control key raw materials price and also increased the operation’s efficiency continuously. Selling Expenses Selling expenses was Baht 1,497 million decreased