increased marketing expenses for example increased spending on food delivery services fees such as Food Panda. Administrative Expenses Administration costs were THB 328.6 Mn in 2016 to THB 423.5 Mn in 2017
campaigns across Beverage and Food businesses resulting in higher sales growth while maintain spending level. Administrative Expenses Administrative expenses of Q3’2018-2019 was Baht 519 million, about flat
services revenue from OEM business. Food business The food sales was Baht 7,130 million, increased by Baht 520 million or 7.9% from last year mainly from new restaurant outlet expansion and strong growth in
main factors for the increase were (1) the increased in marketing expenses and (2) increased in spending on delivery services fee such as Food Panda. Administrative Expenses Administration costs
revenue from food business of Baht 6,552 million, mainly due to sluggish economic which affect consumer’s spending and closing of non- performing restaurant branches. Cost of sales Total cost of sales of
year, which was mainly due to declining of sales of food in Thailand. Despite, the easing of COVID- 19 lockdown measures of Thai government, Thai customers spending still declined and were cautious to
-19 outbreak and to alleviate economic downturn. Although, many countries have gradually relaxed the lockdown measures, and businesses resumed their operations, consumer spending is still not yet fully
sector which continued to expand. Public spending and private consumption remained to be the main growth drivers. The policy rate remained stable at 1.5%. Central Pattana Public Company Limited (“The
, private consumption and tourism. Both private and public investments remain largely at stable levels whilst consumer spending is constrained due to high household debt levels, decline in agricultural
-0.1% Food Business Revenues 2,760.9 56.9% 2,621.8 55.6% +139.1 +5.3% Total Revenues 4,854.8 100.0% 4,717.8 100.0% +137.0 +2.9% Cost of Sales – Hotels Business (1) (818.6) (16.9%) (858.9) (18.2%) -40.3