the financial risk perspective, despite the higher debt ratio stemming from increased loans and lower shareholder equity, the ratio was nonetheless at relatively low level. The interest coverage ratio

. However, Return on Equity slightly declined from 14% to 13.7% due to lower debt and more reliance on internal operating fund. From the financial risk perspective, debt to equity ratio decreased from 0.5x to

’ equity as mentioned above. For the financial risk perspective, despite the higher debt ratio comparing to previous year, the ratio was nonetheless at relatively low level. Interest coverage ratio (EBITDA

addition, the significant improvement of return on equity was from the decrease of shareholders’ equity as mentioned above. For the financial risk perspective, despite the higher debt ratio comparing to

for Alternative Investment disclosed to the public and able to be accessed by a general public investor. The result, therefore, is from the perspective of a third party. It is not an evaluation of

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