53 million or 30.5% since these are non-core products but tools to expand the Company’s brand awareness. The new product, carbonated Carabao Green Apple flavor in a 180-ml can (“Carabao Green Apple
tablet. And, in the second half of the year, the Company will continue to launch additional new products beyond its traditional products, i.e. Salty Lemon, a carbonated beverage product from LQSF in
Football League (EFL) are powerful marketing tools to spread out the Carabao brand globally. Overseas businesses continue to grow in both our existing export markets ranging from CLMV, Afghanistan, Yemen to
branded products and 3rd party products for distribution accounted for the ratio of approximately 70:30 during the corresponding period. Overseas businesses continue to grow in both our existing export
corresponding period. Overseas businesses continue to grow in both our existing export markets and those new ones, which operated by our domestic subsidiary, namely Carabao Tawandang Company Limited (“CBD”), and
continue to grow in both our existing export markets and those new ones, which operated by our domestic subsidiary, namely Carabao Tawandang Company Limited (“CBD”), and our overseas subsidiary, namely
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
confident in our business model as our global footprint having regionalized ecosystem coupled with inelastic nature of products allow us to continue to sell at all times and create a steady stream of
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