by closing Dusit Thani Hotel School (DTHS) in 4Q17 to utilize DTHS’s building and facilities as a research center for the development of culinary and hospitality programs under Dusit Thani Excellence

business; an increased credit with finance institutions to facilitate the company’s expansion; together with the company’s setup of allowance for doubtful accounts and loss from investments that increased

production line of flexible packaging and the machine setup process is not complete and new employee lack of expert skill and the use of raw material is inefficient, cause a high production cost. 3. Selling

33.7 Mn in 2017, an increase of THB 25.0 Mn or 287.4%. This increase was mainly due to (1) the increase in construction fees collected from franchisees during the setup phase and (2) increased in rebate

was mainly due to (1) the increase in net construction fees collected from franchisees during the setup phase which itself was related to the opening of new franchise branches and (2) increased rebate

%, mainly are from provision setup for contingent losses of 17.5M THB for noncomplying contract with Public Warehouse Organization (PWO). Unconsolidated financial results of 12-month ended period Unit

government ordered the closure of various stores, more home cooking behaviors. The results of the expanding production line into flexible packaging group help reducing impact from uncontrollable external

Subsidiary name Cal-Comp Brazil Holding Co., Ltd. Shareholding 100% shareholding owned by CCET Location Registered in Cayman and setup branch in Taiwan which subject to tax consultant final opinion. Capital

sales of real estate. The costs of F&B business slightly decreased to THB 6.3mn from THB 6.4mn in 1H18 due to the F&B business setup cost during 1H18, as explained above. Gross Profit and Gross Profit

to THB 10.1mn from THB 12.7mn in 9M18 due to the F&B business setup cost during 2018, as explained above. Gross Profit and Gross Profit Margin (GPM) In 3Q19, gross profit from sales of real estate was