%) (43.31) 29.4% Gross Profit 126.54 46.2% 164.91 46.4% 38.37 30.3% SG&A (48.13) (17.6%) (69.08) (19.4%) (20.95) 43.5% Operating Profit 78.41 28.6% 95.83 26.9% 17.42 22.2% Share of Profit in Associates 0.15

shareholding of 33.37 percent of total shares by ECF-P. At present, ECF-P is on the process of negotiation by entering into the contract to buy and to sell the shares that ECF-P holds 33.37 percent. At present

data to consumers, the market volume of energy drink industry in Thailand showed a sluggish growth at 0.7% while Carabao Dang energy drink remained the 2nd largest brand, commanding 21.4% volume share

an unfavorable condition of the Company’s traditional trade channel because of the terminated contract with the distributor, which was effective since 30 June 2019. Further in this year, the period

contract to buy and to sell the shares that ECF-P holds 33.37 percent. At present, the Company is waiting for the conclusion of the source of funds for share purchase from the buyer that has not yet finished

Securities and Exchange Commission on Approval of Auditors in the Capital Market B. The subsidiaries, associates, or joint ventures of the businesses in Clause 3, as well as the contract values or audit fee

and (b) have a clear objective to share profits and costs and proportionate ownership, control or management power, have commons quality control system, business strategies, shared names or shared

. However, EBITDA declined by 5.8% yoy to THB 135 million due to higher administrative expenses and higher share of net losses from investments by the equity method. The Company reported net loss of THB 55

42.1% Share of profit/loss from JVs/associaties (equity income) (24.7) 3.4 N.A. 8.6 N.A. Finance cost 458.2 113.0 305.5% 208.1 120.2% Reported Net Profit/Loss (253.7) (162.5) 56.1% (80.8) 213.9% GOP

Industry In the first quarter of 2021, Thai economy continued to contract when compared to the same period last year, due to the new wave of the COVID-19 outbreak and containment measures strictly