year, there was no special order at all. In addition, sales volume in convenience store business line, which expand the business to new branch continually such as a water purification system, roller

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...

outside the service stations. These businesses include the supermarket business and convenience store, “SPAR”, as well as the Inthanin coffee business, which as of the end of Q3/2018, the total number of

restaurant and convenience store businesses to encourage consumers to spend via QR code in lieu of cash, the launch of full-service K CONNECT-LG to enable customers to issue or renew a letter of guarantee and

. Therefore, as of the end of Q2/2018 there was a total of 492 branches of Inthanin Coffee shops and 35 branches of the SPAR convenience store. 6. Bangchak Retail Co., Ltd. saw increase in revenue from branch

locations, and the SPAR convenience store increased by 2 locations, compared to the previous quarter. Within this quarter, 2 more Inthanin Coffee locations Management Discussion and Analysis of Business

., Ltd. are still developing and expanding the business of the SPAR supermarket and convenience store, and Inthanin coffee shop. Thus, as of Q1/2018, there are altogether 457 branches of Inthanin coffee

; as well as having exhibition booths at various exposition events.As for the SPAR convenience store, the brand established more varied sales promotion campaigns e.g. SPAR Aroi-Tua-Thai which brings

consumer lifestyle that emphasizes on speed and convenience in transportation. 3. Enhance sales management to reach consumers precisely such as adding more pop-up store locations which are highly flexible

supermarket and convenience store SPAR, as well as the Inthanin Coffee chain. The businesses have expanded both outside and inside service stations, and have implemented market promotion continuously. As of the