Company Carabao Group

CBG

TH6066010005

Non-Alcoholic Beverages

End-of-day quote Thailand S.E. Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
65.75 ^THB	+0.38%		+5.62%	-20.30%

Feb. 16	Carabao Group Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Nomura Upgrades Carabao Group to Buy From Neutral on Upside From Beer, Adjusts Price Target to THB96 From THB85	MT

Business Summary

Carabao Group Public Company Limited is a Thailand-based holding company. The Company engages in manufacturing, marketing, selling, and distributing energy drinks and other beverages. It operates vertically integrated business activities of manufacturing, marketing, selling, and distributing energy drinks under Carabao Dang and Carabao trademarks, electrolyte drinks under Carabao Sport trademark, and other beverages under the Companyâs trademark, including drinking water, 3-in1 coffee and ready-to-drink (RTD) coffee, and act as a distributor for consumer products of third parties in both food and non-food categories. The Company's subsidiaries include Carabao Tawandang Co., Ltd., Tawandang DCM Co., Ltd., Asia Pacific Glass Co., Ltd., Carabao Marketing Group Co., Ltd., A Woody Drink Co., Ltd, Asia Packaging Manufacturing Co., Ltd, and others. Asia Pacific Glass Co., Ltd. is engaged in manufacturing and procuring glass bottles as packaging materials for energy drinks and other beverages.

Number of employees: 1,367

Sales per Business

THB in Million	2022	Weight	2023	Weight	Delta
Drinks under Group's Trademark 59.4 %	12,591	65.5 %	11,196	59.4 %	-11.08%
Other Products 34.3 %	5,350	27.8 %	6,458	34.3 %	+20.71%
Others 5.1 %	807	4.2 %	967	5.1 %	+19.83%
OEM Products under Group's Trademark 1.2 %	467	2.4 %	232	1.2 %	-50.32%

Sales per region

THB in Million	2022	Weight	2023	Weight	Delta
Thailand 71.4 %	12,332	64.2 %	13,457	71.4 %	+9.12%
Cambodia, Laos, Myanmar, Vietnam 24.6 %	5,909	30.8 %	4,639	24.6 %	-21.49%
Others 2.5 %	314	1.6 %	480	2.5 %	+52.87%
United Kingdom 1.0 %	193	1.0 %	189	1.0 %	-2.07%
China 0.5 %	467	2.4 %	88	0.5 %	-81.16%

Managers

Managers	Title	Age	Since
Sathien Setthasit CEO	Chief Executive Officer	69	12-12-31
Pongsan Klongwathanakith DFI	Director of Finance/CFO	-	15-03-31
Nutchamai Thanombooncharoen CHM	Chairman	61	12-12-31
Wongdao Thanombuncharoen COO	Chief Operating Officer	61	14-04-21
Romtham Setthasit BRD	Director/Board Member	49	16-12-20
Yuenyong Opakul BRD	Director/Board Member	69	12-12-31
Kamoldist Smuthkochorn BRD	Director/Board Member	64	14-04-21
Piset Chiyasak LAW	General Counsel	59	19-12-31
Waranchai Jensiriwanich LAW	General Counsel	-	15-07-23

Members of the board

Members of the board	Title	Age	Since
Saowanee Kamolbutr BRD	Director/Board Member	72	14-03-17
Kamoldist Smuthkochorn BRD	Director/Board Member	64	14-04-21
Sathien Setthasit CEO	Chief Executive Officer	69	12-12-31
Wongdao Thanombuncharoen BRD	Director/Board Member	61	21-04-21
Nutchamai Thanombooncharoen CHM	Chairman	61	12-12-31
Yuenyong Opakul BRD	Director/Board Member	69	12-12-31
Kanit Patsaman BRD	Director/Board Member	63	14-09-30
Sanchai Jullamon BRD	Director/Board Member	63	14-09-30
Romtham Setthasit BRD	Director/Board Member	49	16-12-20
Nha-Kran Loahavilai BRD	Director/Board Member	58	20-06-30

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	1,000,000,000	345,118,800 ( 34.51 %)	0	34.51 %

Shareholders

Name	Equities	%	Valuation
Sathien Setthasit 27.53 %	275,338,600	27.53 %	477 M ฿
Nutchamai Thanombooncharoen 21.00 %	210,000,000	21.00 %	364 M ฿
Yuenyong Opakul 7.048 %	70,480,000	7.048 %	122 M ฿
Linchong Ophakun 2.617 %	26,166,900	2.617 %	45 M ฿
Wongdao Thanombuncharoen 1.815 %	18,152,700	1.815 %	31 M ฿
Nicha Ophakun 1.779 %	17,794,600	1.779 %	31 M ฿
Kasikorn Asset Management Co., Ltd. 1.633 %	16,328,502	1.633 %	28 M ฿
Wonman Opakul 1.522 %	15,219,100	1.522 %	26 M ฿
MFC Asset Management Public Co., Ltd. (Investment Management) 0.9405 %	9,404,504	0.9405 %	16 M ฿
SCB Asset Management Co., Ltd. 0.8157 %	8,156,829	0.8157 %	14 M ฿

Name	Equities	%	Valuation
Nomura Asset Management Singapore Ltd. 0.0214 %	213,613	0.0214 %	311 747 ฿
DFA Australia Ltd. 0.000000 %	0	0.000000 %	- ฿
KLP Kapitalforvaltning AS 0.000000 %	0	0.000000 %	- ฿
Eurizon Capital SA 0.000000 %	0	0.000000 %	- ฿

Name	Equities	%	Valuation
State Street Global Advisors Ltd. 0.0509 %	509,469	0.0509 %	883 149 ฿
Sumitomo Mitsui Trust Asset Management Co., Ltd. 0.004630 %	46,300	0.004630 %	80 260 ฿
Mayr Investment Managers GmbH 0.001687 %	16,870	0.001687 %	29 244 ฿
SBI Okasan Asset Management Co. Ltd. 0.000740 %	7,400	0.000740 %	12 828 ฿
Resona Asset Management Co., Ltd. 0.000490 %	4,900	0.000490 %	8 494 ฿
State Street Global Advisors Ltd. (Canada) 0.000380 %	3,800	0.000380 %	6 587 ฿
State Street Global Advisors Europe Ltd. 0.000257 %	2,574	0.000257 %	4 462 ฿