the new businesses to alleviate this impact. These new businesses will gradually generate more profits in the subsequent quarters. For 2H19, the Company remains fairly positive in its outlook for the

asset is negative. 2. Net Profits from Normal Operation Criteria Cannot be calculated, as the Company’s net profit is negative. 3. Total Value of Consideration Criteria Total Value of Consideration

Asset Criteria Cannot be calculated, as the Company’s net tangible asset is negative. 2. Net Profits from Normal Operation Criteria Cannot be calculated, as the Company’s net profit is negative. 3. Total

%) Operating profits 2,866 5,661 471 (84%) (92%) 6,109 6,132 0% Excluding non-recurring items 2,997 2,925 (747) (125%) (126%) 6,195 2,178 (65%) Net finance cost/income tax/others 396 1,069 4 (99%) (100%) 792

profits 2,866 5,661 471 (84%) (92%) 6,109 6,132 0% Excluding non-recurring items 2,997 2,925 (764) (125%) (126%) 6,195 2,161 (65%) Net finance cost/income tax/others 396 1,069 4 (99%) (100%) 792 1,073 35

new flavors under Carabao Energy Drink Mandarin Orange. 2 Gross profits and gross profits margin Gross profits amounted to THB 1,003 million, rose by THB 125 million or 14.2%, representing gross profit

increased by THB 204 million or 37.5% due to more product variety especially with higher average selling price per unit which can offset a drop in sales of other product groups. 2 Gross profits and gross

distribution of THB 208 million or 27.8%. 2 Gross profits and gross profits margin Gross profits were THB 1,594 million, an increase of THB 397 million or 33.2%, representing gross profit margin of 41.3%, an

generate incremental revenue to the Company but also reduce the production costs of the Company’s energy drinks in bottle formats. 2 Gross profits and gross profits margin Gross profits were THB 1,722

million Baht and 921.95 million Baht, respectively, or accounting for 48.17% in 2017 and 47.78% in 2018. The gross profits of both years were similar because the cost of sales and services changed based on