, the decision to vote is the sole discretion of the shareholders, which shall include the consideration of advantages, disadvantages, and risk associated with the transaction as well as consideration of
2018 and for the full year in 2019. The advantages of Figure 2: IVL’s Business Profile Figure 3: Margins and Returns Note: Core Financials, all ratios are based on US$ calculation Note: Core EPS for 2013
but also a constructive factor to refresh the brand image of Carabao in the country aligning to the vision of “World Class Product, World Class Brand”. Other sales were THB 111 million, an increase of
the environment. In addition, the Company will also continue to refresh its product portfolio including categorizing the current product group, redesigning packaging, and new product development in
assortments to refresh current offerings and sourced for better high quality and relevant ingredients. • Research new products. Catering: • New recipes, leadership and marketing strategies have yielded repeat
system and reporting platform to improve visibility and analysis across all categories and consolidate the planning and open-to-buy process. Review of private label assortments to refresh current
teenagers to refresh brand amounted to THB 20 million combined with launching new products which is carbonated Carabao green apple, and (3) the rest amounted to THB 71 million, risen by THB 3 million or 4.5
advertising expenses relating to communication with teenagers to refresh brand amounted to THB 20 million combined with launching new products which is carbonated Carabao green apple, and (3) the rest amounted