Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and subsidiaries (the “Group”) for the 3
Thailand We, 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
which had been reviewed by the independent auditor as follows: 1. Summary of the Company’s operating results 2. Analysis of the consolidated financial performance 3. Analysis of the consolidated financial
2020 which had been reviewed by the independent auditor as follows: 1. Summary of the Company’s operating results 2. Analysis of the consolidated financial performance 3. Analysis of the consolidated
performance. Benefits to the Company: Reflect good performance into the consolidated financial statements, value of firm and dividend. - 4 - 7. Source of fund Cash from selling increase share capital to private
: Reflect good performance into the consolidated financial statements, value of firm and dividend. 7. Source of fund Cash from increase newly share capital to private placement of Baht 644 million. The
…………………………………………………………………….………… 14 Table 9 Debt Profile……………………………………………………………………………………….…… 15 Table 10 Joint Ventures Performance……………………………………………………………………. 16 Table 11 IVL Consolidated Statement of Income………………………………………………..…… 17
February 26, 2020 Subject : Management Discussion and Analysis for year and 4th quarter ended December 31, 2019 Attention : President The Stock Exchange of Thailand 1. Operating Performance 1.1