additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, for the Company’s sustainable growth in the future. However, some investments
demand and supply. Moreover, the Group benefit from reduction in sugar price and excise tax and the company no longer hire 3rd party to fill the non-carbonated energy drink products in can format since
-carbonated energy drink products in can format since August 2017. From the reason mentioned above, combined gross profit margin of energy drink in bottle format and sport drink was at 36.5% slightly increased
-carbonated energy drink products in can format since August 2017. From the reason mentioned above, combined gross profit margin of energy drink in bottle format and sport drink was at 36.5% slightly increased
the company. Payment : A lump sum payment on the transferring date, June 5, 2019. The proceeds from the sale will be used to improve working capital, increase liquidity and reduce the financial burden
, the company continues to improve its structure and cost management. By dissolving the printing and shipping department which we informed on September 29, 2017, the project has been successfully and we
, respectively. The rise was mainly driven by growth from overseas business and also domestic sales of a new product, carbonated canned green apple flavored Carabao in 180ml (“Carabao Green Apple”), launched
payment on the transferring date, June 5, 2019. The proceeds from the sale will be used to improve working capital, increase liquidity and reduce the financial burden. The selling of these land titles is a
higher demand from Cambodia and Myanmar. The Company’s sales to Myanmar and Cambodia hit a record high in 3Q19 and 4Q19 respectively. As to leverage the leading position in Cambodia, carbonated 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