overall international business grew 14.4% at constant FX rate. 9M’19 Net sales grew 5.7% YoY, driven by core businesses in both domestic and international markets. Domestic beverage and personal care grew

10% in sales from 2019 by maintaining our market share in domestic market and improving our sales strategy as well as developing new products and driving to expand in export market. After the Company

of Food Chain which should not be affected much and still focus on maintaining our market share in domestic market by improving our sales strategy as well as developing new products to meet customer

portfolio in the near term. For food and beverage business, after the first branch opening of Baan Ying restaurant and Management Discussion & Analysis( - translation - ) For operating result of 1Q18,ending

food and beverage products of the Company as well as developing new products for distribution in Indonesia 5.4) “Malee Kino (Thailand) Company Limited” in Thailand, whose objective is to import and

through its network across the country by developing and adjusting its operation to any situation and to look for new opportunities to keep Boonterm’s operation growing sustainably. Targets in 2020 (revised

to be temporary. As well, economy of developing countries in Asia still enables to be well expanded by mainly receiving supportive factors from recovery of domestic demand, which includes a direction

/ (Decreased) Occupancy rate (%) 42.2% 35.4% 6.8% Room revenue 148,080 140,867 5.1% Food and beverage revenue 207,457 183,765 12.9% Other revenues 87,643 91,998 (4.7%) Hotel income 443,180 416,630 6.4% Cost of

. Park Court was located in a high potential location. The Project was divided into three zones. The first zone was developing and would be completed during the late of 2017. Upon completion, the Company

the food and beverage business under brand Dean & DeLuca whereby the Company is promising to continue developing the projects. Please be informed accordingly. Yours sincerely, - Signed – (Mr. Sorapoj