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

Group reported its total revenues increased in the amount of Baht 221.8 million from Baht 1,945.2 million to Baht 2,167.0 million or increased 11.4 percent. The Group’s revenue structure is as follows

The Results of the Comsolidated Financial Statements Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation Multimedia Group Public Company Limited and

company, has improved from the full operation of 5 new studios opened in 2018 which generated higher revenue to the group this year. The Company recorded the share of profit from Absolute Yoga of Baht 0.90

Development had a total of 115,000 sq.m. leasable area and 39,000 sq.m. under construction area. In addition, the Group started to realize revenue from leasing apartment units of Park Court Project (by Munkong

restructure corporate group’s business. Such transaction does not have any effect to the operation of the company. Name of shareholder Shareholding ratio Tora 1010 Co., Ltd. Pattaya Kabinburi Co., Ltd. Thai

/2019, the Group reported its total revenues increased in the amount of Baht 246.2 million from Baht 2,254.3 million to Baht 2,500.5 million or increased 10.9 percent. The Group’s revenue structure is as

Portal by the Office of the Securities and Exchange Commission. Thus, all group company are ready for full business operation.  The Company’s financing cost decreased Baht 6.11 million from lower

lists out the Group’s laws, policies and expectations pertaining to fair competition, sanctions and export control, brands and intellectual property , respect, dignity and fair https://www.sec.or.th/TH

the Group’s laws, policies and expectations pertaining to fair competition, sanctions and export control, brands and intellectual property , respect, dignity and fair https://www.sec.or.th/TH/Documents