of plastic packaging products. Financial Operating Results In Q1/2020, total cost of sales and operating expenses were Baht 903.2 million, increased by Baht 20.8 million from Baht 882.4 million of Q1
selling price resulting from the impact of Covid-19 pandemic. However, the total sales volume of Q2/2020 was increased by 16.80% compared to those of Q2/2019 due to the rise in demand of plastic packaging
. In the second quarter, business conditions in the food packaging industry continued to grow, due to the increasing demand over the concerns of Coronavirus (Covid-19). As a result, there are more orders
sales volume of Q3/2020 was increased by 3.88% compared to those of Q3/2019 due to the rise in demand of plastic packaging products. Financial Operating Results In Q3/2020, total cost of sales and
acknowledged product quality and its attractive lower retailing price as compared to the previous packaging size of a 330 ml. The new energy drink is not only expanding the customer base to younger generations
in domestic branded sales from new packaging launch, new crop season for canned fruit, improved domestic CMG sales plus good response of new product as well as continual growth of export branded sales
packaging for productions, and (2) purchase costs of 3rd party products for distribution. The variable cost components accounted for 85% of the total cost of goods sold. 1.1 Raw materials and packaging used
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