significantly improved to approximately 44.4% in 1Q/2019, an increase from the 40.3% and 34.4% margins in 1Q2019 and 2Q2018, respectively, mainly driven by non-carbonated canned energy drinks under the Carabao
the reduction in sugar price and related excise tax as well as costs relating to outsource of non-carbonated energy drink production since August 2017. As mentioned above, gross profit margin of
31 December 2019 in comparison with the corresponding period last year ended 31 December 2018 1 Revenue from sales Total revenue from sales were THB 14,933 million, an increase of THB 511 million or
), total revenue from sales amounted to THB 3,862 million, an increase of THB 235 million or 6.5%, driven by higher sales of the energy drinks for export markets and revenue growth in distribution of 3rd
31 March 2020 in comparison with the corresponding period last year ended 31 March 2019 1 Revenue from sales Total revenue from sales were THB 4,061 million, an increase of THB 700 million or 20.8
to increase selling price in Traditional trade and Cash van channel starting from July 2018. The increase in price reflect the increase excise tax and management’s policy to get competitive rate of
overseas businessk, we solely export energy drink in three formats including bottle, non-carbonated can, and carbonated cans under Carabao trademark. Our revenue from overseas sales amounted to THB 5,024mn
will focus on more premium products to increase profitability, and more mass products to increase sales volume, both in the fruit juice category as well as other categories, which will also help reach
268 million, an increase of 14% YoY. Selling expenses to sales increased to 22.2% from 15.7% in Q3/2017, mainly due to multiple new products launch, e.g. Carbonated Fizza Salty Lemon, HPP (High Pressure
non-cash one-time expense, resulted from the Company’s new accounting policy of setting allowance for inventories declining value. If excluding this transaction, gross profit margin would increase from