compared to the previous packaging size of a 330 ml. The new energy drink is not only expanding the customer base to younger generations, being a constructive factor to refresh the brand image of Carabao in
increase of take-home products and higher orders through food delivery services, which usually have lower gross profit margin than products served on-site as a result of higher packaging cost. EDITDA and
the temporary closure of some branches in areas and the higher proportion of take-home products and orders via food delivery services, which have lower margins due to higher packaging costs. In addition
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