and Services 388 384 1 Selling and Administrative Expenses 44 51 (13) Share of profit (loss) from investments in joint ventures (1) 2 (150) Finance Cost 5 7 (29) Net Profit 39 24 63 - 2 - Total Revenues

loss of 6.28 million baht, the increased loss of baht 8.45 million or increased loss percentages of 134.55% , the main reasons are as follow; 1. Revenue from sale , Other income The company had sale

) Financial costs 0.02 0.01 0.01 dt -6t 0.02 0.01 0.01 87.87 Total Expenses 5l 82 35.91 1.91 5.29 2a EO 36.24 1.34 3.70 Profit before share loss from investment in joint venture and income tax 2.83 4.74 (1 .91

) - Loss on exchange rate - (32.95) - - - (32.95) Finance costs (34.18) (19.56) - - (34.18) (19.56) SHARE OF LOSS OF INVESTMENT IN JOINT VENTURES ON EQUITY METHOD (0.35) (0.65) - - (0.35) (0.65) LOSS BEFORE

revenue proportion YEAR 2018 & YEAR 2019 & 1Q20 From the chart, it can be seen that the proportion of income from the 4 main structures of the company, there is a change in revenue from retail stores that

6.14 3.16 5,02 3.16 1.86 58.86 Adm inistrative Expenses a 4a 3.76 4.Ol .1-lO 0,86 22.87 Financial costs 0.14 0.07 0.08 0.07 0.01 14.29 Total Expenses 49.89 41.06 43.34 40.98 2.36 5.76 Profit before share

series of promotional activities to support our strategic requirements with the intention to stimulate the brand awareness and raise market share of the energy drink under Carabao trademark among the

and acquisition of shares from the existing shareholder (the “Share Acquisition Transaction”. Details of the Share Acquisition Transaction are as follows: 1. The subscription of newly issued shares of

proportion than selling price increase is the main reason why net profit decrease. Graphite Electrode’s price which is a part of conversion cost increase significantly. Separate financial statement, the

margin fell to 1.7% (1Q 2019; 9.0%) • Reported net loss of THB 807mn (down 238% YoY), from the aforementioned lower EBITDA as well as higher share of loss from joint ventures and higher depreciation and