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, harmonized packaging specification, and reduced bottle weight. - Osotspa maintained its strong leadership position in both energy drinks and functional drinks markets and played a major role as a market growth
marketing strategy, OSP market share was maintained at 53.5%, aligned with our mid-term guidance. In Functional drinks market, C-Vitt, now a No.1 brand, strongly drove the market to grow by 19.3% YoY. At the
include energy drinks, sport drinks, ready-to-drink coffee and functional drinks. While energy drinks market continued its growth momentum of 5.3% in Q1’19 vs. 4.2% growth in Q4’18, the Company using multi
statements in their place, which shall be subject to the approval of the Annual General Meeting of Shareholders No. 1/2019. 6. The Board of Directors had approved the change of the Company’s functional
, effective cost management and development of the quality of products and services. In order to achieve such goals, the Company starts the process of reorganization in 2021 to transform from being a functional
Shareholders’ No.1/2018 held on January 4, 2018, which approved the disposal of 8 items of assets of the Company, including 17 units of commercial building and land on which the said commercial buildings are
& Calpis grew 1.5% YoY and above market growth. C-Vitt became #1 brand in functional drink with market share of 23.3% in Q3’18 from 16.9% in Q2’18. Domestic Personal Care grew 9.1% YoY. At constant FX
profit margin for the year 2019 was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation
to 4.74% in 2019. The increase of gross profit margin was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of