positive same-store-sales growth during 2017 and (3) the increased sales of raw material to franchisees. Franchise fees income increased from THB 15.1 Mn in 2016 to THB 56.5 Mn in 2017, an increase of THB

increase was mainly due to (1) increased number of branches, (2) the positive same-store-sales growth during 2017 and (3) the increased sales of raw material to franchisees. Revenue from franchise fees

) positive same-store-sales growth during 2017, (2) opening new branches and (3) increased sales of raw material to franchisees. Franchise fees income increased from THB 15.1 Mn in 2016 to THB 56.5 Mn in 2017

of THB 375.9 Mn or 21.3% and was mainly due to (1) increased number of branches, (2) the positive same-store-sales growth and (3) the increased sales of raw material to franchisees. Franchise fees

period of last year. The increase was mainly driven by positive same store sales growth (SSSG). In addition, the gross profit margin grew consistently, due to more efficient management of the product mix

the same period of last year, mainly driven by new restaurant outlet expansion and positive same stores sales growth. Cost of Sales and Services Total cost of sales and services of the company for the

opening of new branches, (2) positive same-store-sales growth and (3) increased sales of raw material to franchisees. Franchise fee income increased from THB 56.5 Mn in 2017 to THB 69.6 Mn in 2018, an

(negative MO but positive TO), but same signs for mutual funds and foreign investors, and 4. At threshold prices, retail investors tend to submit more buy orders than sell orders, but opposite for other

a higher overall SG&A cost up 7.0% versus the same period in 2016. A decrease in trading activities and one time effects also contributed to the drop in EBITDA. However, on the positive side the

sales and expenses are at 199.47 Million THB or 88.56% of total revenue in the first half of 2017 and at 90.55 million THB or 96.96 % of total revenue in the same period of 2016 whereby the positive