made sustainable development a core principle of business operations not only to mitigate risks that may affect our business undertakings, but also to brace for unpredictable, emerging risks and to

operating consumer goods business with largest convenience store chain. For your information Sincerely (Mr. Chirdsak Kukiattinun) Executive Chairman

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...

consumer protection and customer privacy, taking into account the changing customer expectations for greater convenience and speediness over omni-channel. Beyond the above strategies, we focus on proactive

continue to be developed and adopted, tail-end risk remains unpredictable and potentially undiscovered. This may cause incorrect decisions that finally result in losses. The adoption of innovative

amounting to Baht 67 million and Baht 4 million, respectively. The loss was increased by Baht 63 million. Due to the unpredictable spread of Coronavirus (COVID-19), Baht depreciation against US Dollar during

Income from Other services 1.31 0.71 1.36 0.71 (0.05) (3.68) Income from Sale of food and convenience goods 13.01 7.06 13.51 7.02 (0.50) (3.70) Total Revenues from sales and services 181.38 98.47 188.04

Million Baht or 18.8% compared to the previous year, which contributes 33% of total revenue due to higher order volume and more variety of frozen ready meal product supplied to largest convenience store

from the package foods including with foods service in convenience stores and modern trade outlets. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) In the second quarter of year

ready to eat foods in convenience stores and modern trade outlets as well as original equipment manufacturer (OEMs)’s products. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) In Q3