aggressive marketing strategy caused more geographic diversification in revenue and increase Carabao’s brand awareness worldwide under the vision of “World Class Product, World Class Brand”. Apart from
increase in production volumes resulting in economies of scale. G R OS S P R O F I T a n d G R OS S P R O F I T M A RG I N : Q 3 / 2 0 2 4 K e y F i n a nc i a l H i g h l i g h t s 1 1EBITDA Margin and Net
beginning of this year which allows the Company to benefit from economies of scale. • Gross Profit margin in Q4/2022 was 62.9%, increased from 59.6% in Q4/2021, and Gross Profit margin in 2022 was 63.1
in number of branches. In addition, the cost per unit decreased due to the increased production volume (Economy of scale). • Gross Profit margin in Q3/2023 was 66.0%, increased from 64.6% in Q3/2022
efficiency of the new stores launched in the year 2017 to benefit from economies of scale. In the first quarter 2018, the Company had total revenue of 15,900.33 million Baht, an increase of 627.77 million Baht
increase in sales revenue from the same-store sales growth and the increase in number of branches, as well as the decrease in overall expense from increased production volumes (economies of scale). • Gross
supported by the competitive spectrum portfolio. As a leading operator, AIS aims to be competitive in maintaining our mobile business scale as well as enhancing our product and brand proposition to better
bandwidth of 2x60MHz in the industry. Consequently, we have evidently seen an improvement of network quality against peers while brand perception enhanced. That said, we have well added 1mn mobile customers
business, featuring both house brand – separate by Apparel under brand Inco, Cheval, Sleep Mate, ETC brand, Non- Apparel under brand Cherish, Prim, Rollica, Cushy, etc., and other brand products. The Company