2018, were an instructive factor to cost savings of the Company’s non-carbonated canned energy drink. In the 1H/2020, gross profits were THB 3,556 million, an increase of THB 956 million or 36.8

had reached 100% utilization rate since 4Q/2019 after its first commercial run in November 2018, were an instructive factor to cost savings of the Company’s non-carbonated canned energy drink. Having

. (2005) find that investors care more about “visible” fees such as front- and back-end load fees, but not operating expenses, so this could potentially be one reason behind this puzzling finding. 4

to 4Q/2019, respectively. The ramping up in utilization rate had been an instructive factor to cost savings of the non-carbonated canned energy drink under Carabao brand throughout the year. As a part

, respectively. The ramping up in utilization rate is believed to be an instructive factor to further cost savings of the non-carbonated canned energy drink under Carabao brand throughout the rest of year

ramping up in - Translation - Page 6 of 9 utilization rate is believed to be an instructive factor to further cost savings of the non-carbonated canned energy drink throughout the rest of year as evidenced

c i rcu la te and communicate the change to the staff. • The audit firm should communicate audit manual and audit procedures to staff in every level in a reasonable timeframe and hold instructive