reckoned when compared to the revenue of Q1/2019. The reason behind this revenue direction may be from the expanding of COVID-19 outbreak, causing some businesses’ alarmed condition, delayed investment, or

strategy to balance its business units by diversification in revenue structure and risk into 3 main businesses supporting each other and focusing on the business of Healthy & Beauty. Although the economic

retail businesses, has also been impacted by several of Thailand’s economic indicators including the consumers’ confidence index which hit the lowest in 38 months, the floods in upcountry, as well as the

agricultural industry and investment projects in electricity production from renewable energy. Moreover, small and medium sized businesses’ loan demand also slightly increased due to the need for working capital

sector remained challenged by new modes of competition in a broader marketplace amid the advancing digital age and its rapid pace of technological advancement. Businesses have also had to cope with Thai

overall international business grew 14.4% at constant FX rate. 9M’19 Net sales grew 5.7% YoY, driven by core businesses in both domestic and international markets. Domestic beverage and personal care grew

390 million or 20.7%, comprised of both expenses for domestic businesses under the operation of Carabao Tawandang Co., Ltd. (“CBD”) and for the UK market under the ICUK’s: a. Selling expenses in

from Main Businesses 2,922.1 100.0% 3,102.5 100.0% 6.2% Costs of Sales of Food & Beverages (2) 1,519.8 52.0% 1,621.3 52.3% 6.7% Gross Profit 1,402.4 48.0% 1,481.2 47.7% 5.6% Remark: (1) Percentage of

delivery. In addition, the Company attempted to increase sales by engaging in the development of products with customers to create reliability for customers in dealing businesses with the Company. Return on

in 2016. After the completion of asset divestment, the proportion of the revenue from publishing and advertising businesses will increase at 13.4% (from 42.2% to 55.6%), income from broadcasting and