% driven by higher sales of the energy drinks especially for export markets and greater sales growth from distribution of 3rd party’s products. Note: 1/ Energy Drinks, Sport Drinks, and Functional Drinks 2
significantly improved to approximately 44.4% in 1Q/2019, an increase from the 40.3% and 34.4% margins in 1Q2019 and 2Q2018, respectively, mainly driven by non-carbonated canned energy drinks under the Carabao
), total revenue from sales amounted to THB 3,862 million, an increase of THB 235 million or 6.5%, driven by higher sales of the energy drinks for export markets and revenue growth in distribution of 3rd
Myanmar) and Middle East. However, reported international beverage business was stable due to FX impact. Domestic market: Energy drinks showed favorable growth, driven by flagship M-150, which maintained
remained sluggish, due to weak purchasing power and the lack of any specific measures from the government. In the second half of 2017, the economy moved in a positive direction driven by industrial expansion
Bt40,229mn, increasing 19% YoY following TTTBB revenue recognition and organic business expansion, while increasing 2.0% QoQ driven by continual demand for connectivity of mobile and FBB. FBB continual growth
together with new flavors under Carabao Energy Drink Mandarin Orange. For the first half in 2018, revenue from sales amounted to THB 6,977 million increased by THB 793 million or 12.8% driven by overseas
ratio of 55:45, respectively. Sales of energy drink product alone were THB 3,145 million, up by THB 111 million or 3.6%. The amount of which contributed from both domestic and export markets at the ratio