results for the 3-month period ending 31 March 2020 and 2019 (Unit: Thousand Baht) Consolidated Financial Statements Increase (Decrease) Separate Financial Statements Increase (Decrease) 2020 2019 Thousand

). Details of the changes to the Consolidated financial information are as follows: TAS 32 and TFRS 9 TFRS 16 TAS 40 TFRS 16 TAS 40 Assets Current assets Current portion of prepaid rents and services 49 - (39

, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussions and analysis regarding consolidated financial performance and position of the Company and

Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussions and analysis regarding consolidated financial performance and position of the Company and subsidiaries

of the highest value when calculated from 12-month period net profit criteria consideration based on the latest reviewed consolidated financial statement ended March 31, 2020 which equals to 32.52% and

and Administrative Expenses For the 6-month Period 5 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2-2020 FINANCIAL POSITION Assets As of June 30, 2020, total assets on consolidated basis amounted to THB

Company”) would like to submit the financial statement for 1st quarter of 2022 ended as of March 31, 2022, which details are as following ; Unit : Million Baht Operating results (Consolidated) 1st quarter

renovations.  Selling expenses increased by Baht 33 million which is principally due to higher exhibition expenses, specific business tax and transfer fee offset by lower commission expense.  Administrative

company and subsidiaries had less advertisement and promoting expenses. Specific business tax and transfer fee were in accordance to revenue. 4.2 Administrative expenses In the first quarter 2019, the

of lower building repair expenses.  Selling expenses increased by Baht 46 million which is principally due to higher commission expense, specific business tax and transfer fee relating to property