, as a result of growth in both energy drinks and functional drinks categories (for 4Q’19, total beverage revenues recorded at THB 5,512 million, an increase of 5.4% YoY). Domestic beverage sales were at

energy drinks market share at 53.8%, aligned with our mid-term guidance, by using multi-brand portfolio and consumer-centric marketing strategy. In functional drinks market, C-Vitt also maintained its

Bangkok, 8 June 2017 ? With reference to Energy Earth Public Company Limited (EARTH)'s disclosure of the default on the bills of exchange (B/E) repayment to the Stock Exchange of Thailand (SET) in

million and keep gross profit margin at the same level. 3. Solar energy (“SE”) had gross profit and gross profit margin at the same level. 4. Trading business (“TD had an increase in gross profit for Baht 6

. 68 million to Baht 1,580.25 million, which is increased by 11.94% due to additional revenue of engineering service in 2017 and revenue from solar energy began to recognize in 2017. Statement of

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

energy business in Q3/2019 was Baht 90.00 million, decreased from Q3/2018 the company’s income from energy business was Baht 97.30 million. Due to decreased management income. 1.3 The company’s income from

, 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

Absolute Clean Energy Public Company Limited 140/6 ITF Tower 7th floor Silom road, Suriyawong, Bangrak, Bangkok 10500 No. ACE-ACC-1/2019 12 November 2019 Subject Management Discussion and Analysis