2013 to the SEC Office and the SET on March 3, 2014. CGD failed to rotate an auditor, in the occurrence that the auditor has performed her duties on auditing or reviewing and expressed opinion on
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
, 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
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
certified financial statements. Therefore, the Securities and Exchange Commission requires that listed companies rotate their auditor every five accounting years. CG-ROSC Assessment recommends that
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