, 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
constant FX, our international business showed 8.7% growth YoY, mainly from CLM (Cambodia, Laos and Myanmar) countries and Middle East. M-150 maintained its leading position with 2019 market share of 37.5
POSITION ANALYSIS Financial Position (MB) As of 31 Dec 2019 As of 31 Dec 2018 Increased (Decreased) % Total Assets 21,180.88 20,140.90 1,039.98 5.16% Total Liabilities 10,167.06 9,335.75 831.31 8.90% Equity
) 0.64 (18.27) Operating Expenses (%) (7.01) (1.56) (14.60) Net Profit (%) 21.00 (40.64) (34.31) Management Discussion and Analysis Management Discussion and Analysis of Financial Position and Operating
of company, company could not secure the new backlog. The proceed from capital increase shall allow the company to relieve the financial constraint which lead to more flexible position of the working
relieve the financial constraint which lead to more flexible position of the working capital in order to achieve the target backlogs. The backlog securing of company, however, depends on the result of
financial profile, driven by solid operating performance and reliable streams of income. The ratings continue to reflect CPN’s leading position in retail property development and management industry in
recognized in five years, the effective tax rate shall be around 16% until 2020. Financial position As at December 2017, AIS had total assets of Bt284,067mn increasing 3% YoY mainly from current assets. Total
measurable advertising. This places the Company in a favourable position to offer optimal solutions to our customers as well as continuing to capture market share in the OOH and Online/Digital media. Our 9