SG&A expenses did not increase significantly. Management Discussion & Analysis Q3/2019 Q3/2019 Significant Events More Pop-Up Stores have been set up to increase accessibility to customers After
: Sura Piset Pattharalanna Company Limited 1.4 Connected Nature ThaiBev is the major shareholder of the Company and Sura Piset Pattharalanna at 79.66% and 99.99% respectively. 1.5 Type and Size of
increase was mainly from the increase in revenue from dessert café, which was attributed to the expansion of 6 new stores and a rise in Same-Store-Sale-Growth (SSSG) together with the increase in pop-up
increase was mainly from the increase in revenue from dessert café, which was attributed to the expansion of 6 new stores and a rise in Same-Store-Sale-Growth (SSSG) together with the increase in pop-up
branch, Central Plaza Bangna branch, and The Mall Bangkapi branch. 3 Continuous expansion of new store format "After You Marketplace" Developed and created more than 17 new products Expand pop-up stores
be separated into each entity according to the aforementioned rental spaces. 3.4 Nature of relationships Thai Beverage Public Company Limited (“ThaiBev”) is the major shareholder of the Company and ASM
have impacts in the future, especially a new round of COVID-19 outbreak. The Company has planned to improve the Pop-up store distribution system to have higher adaptability and prepared necessary human
residential locations around Bangkok and more than 20 stores owned by franchisees. The Company aims to increase and distribute pop-up stores, which will allow the Company to test the market and customer demand
first half of 2019, and later in the second half of the year, 2-4 additional branches in Thailand and 1 franchisee branch in Hong Kong are expected to be opened. More Pop-Up Stores have been launched to
pastry is also expected to meet the needs of customers who love trying new and unique products. Emphasize on Increasing the Number of Pop-up Stores in Bangkok and Other Provinces The Company has been