) Company Limited. However, the company has continued launching promotions with motorcycle manufacturers and suppliers, as well as increased distribution channels for motorcycle sales through our branches

of the Provincial Electricity Authority, the Construction project to improve the electricity distribution system to underground cables in Sisaket Province of the Provincial Electricity Authority, the

-18 Million Baht 6 3. KEY FINANCIAL RATIOS 31 December 2018 31 December 2017 Gross Profit Margin 34.4% 33.1% Net Profit Margin1 57.5% 53.5% Return on Equity 16.9% 19.8% Debt/Equity Ratio 0.69x 0.70x Net

market conditions however regular dividends are expected to resume in Q1 2020. Cash Flows Summary as of 31 December 2019 compared to 31 December 2018: 4. Financial Ratios Note: 1) Net Debt = Interest

2,293 Million and payment of interest and finance cost in the amount of Baht 1,630 Million. Significant Financial Ratios* Description Unit 2019 2018 Net Profit Margin ratio % 18.66 20.35 Return on Equity

RATIOS For the Three Months ended on 30 June 2016 30 June 2017 Gross Profit Margin 40.3% 32.9% Net Profit Margin1 42.2% 62.6% Return on Equity 7.04% 12.11% Debt/Equity Ratio 1.50x 0.76x Net Interest

increase in short- term loans from financial institutions and the payment of dividend to non-controlling interest of one of the subsidiaries. Liquidity ratios The ratio of the current assets and current

585 million. It is mainly due to the increase in short- term loans from financial institutions and the payment of dividend to non-controlling interest of one of the subsidiaries. Liquidity ratios The

as working capital. Liquidity ratios The ratio of the current assets and current liabilities as at 31 December 2017 is 0.9:1 which is closed to the ratio as at 31 December 2016 at rate of 1.1:1. Please

172.63 113.25% Net increase (decrease) in cash and cash equivalents -46.44 50.48 -96.92 -192.01% Cash and cash equivalents at end of period 50.34 96.78 -46.44 -47.99% 4. Financial Ratios Q4 2017 Q4 2016 FY