“A study of potential factor investing strategy from ESG score and intangible capital in Thailand” “A study of potential factor investing strategy from ESG score and intangible capital in Thailand

anniversary of the closing date of the transaction. 6. Expected Benefits to the Company (1) To follow the Company’s strategy to focus on creating a brand of restaurant with efficiency and high potential as well

strategy. Cost of food & beverage was 376.7 Million THB, increased by 19.2 Million THB or 5.6% YoY is in alignment with the acquisition of Kitchen Plus Restaurant. Expenses Administrative expenses of 212.8

better net Profit. PET Bottle Unit: Revenue amounts to 30.1 Million Baht, decreased by 14.7 Million Baht or 32.8% compared to the previous year due to the Company’s strategy in selecting the customer with

which results in better net Profit. PET Bottle Unit: Revenue amounts to 41.8 Million Baht, decreased by 22.4 Million Baht or 34.9% compared to the previous year due to the Company’s strategy in selecting

strategy to focus on creating a brand of restaurant with efficiency and high potential as well as managing the franchise professionally; (2) To create the opportunity to boost revenues and appropriate rate

in business strategy reflecting increase in raw material price, and also cost controlling in restaurant and food center business. Therefore, total COGs per revenue ratio maintain at 83%, comparing to

loss for the year 2019 amounts to Baht 48.4 Million, decreased by 230.6 million baht or 82.6% by comprising of loss from the operation Baht 32.7 Million with mostly loss from Quick Service Restaurant

5th floor MBK center. 2 / 4 • Total expenses decrease 21% are directly impacted by lower sales revenue. Moreover, changing in business mix strategy, eg. Closing 1 of 2 food court at 5th floor MBK center

Munkong Living Co., Ltd.). All of these helped to increase recurring income as part of the Company’s business strategy. Gross profit derived from this business was THB 32.22 million, an increase of THB