-to-income ratio excluding loss from sale of foreclosed assets and loss from revaluations stood at 47.8% for 1Q18 comparing to 47.2% yoy. Bad debts and doubtful accounts and loss on debt restructuring

loans, real estate development loans and housing loans while hire purchase loans declined slightly from the end of 2018. For asset quality, the Non-Performing Loans (NPLs) to total loans ratio for 1Q19

inflow helped the Company to maintain interest bearing debt ratio to be same as at the end of last year. During 1H2019, MK Group reported total revenue of THB 2,970.72 million, an increase of THB 323.85

from THB 5,768.5mn as of 31 December 2018, due to the increase in retained earnings. Net debt to Equity Ratio The interest-bearing debt of the Company stood at THB 5,562.0mn while cash and cash

receivable 16,361 5.6% 15,818 5.5% Net debt to EBITDA (times) 1.2 1.1 1.1 Inventories 3,823 1.3% 4,204 1.5% Current Ratio (times) 0.5 0.6 0.6 Others 3,433 1.2% 4,421 1.5% Interest Coverage (times) 13 13 13

59.5% from 54.3% last year. Selling, General and Administrative increased by 10.4% YoY from THB 71mn to THB 79mn, primarily due to the consolidation. SG&A to sales ratio decreased significantly from 41.4

”) grew by 31.4% YoY from THB 112mn to THB 147mn primarily due to the consolidation of Trans.ad Group. SG&A to sales ratio decreased significantly from 40.4% in 1Q 2018 to 21.3% in this quarter. Net profit

warrants issued 1,711,334,815 units Exercise ratio 1 VGI-W2 to 1 ordinary share of VGI Exercise price THB 10.00 Terms 4 years Exercise period Quarterly Issuance date 11 September 2018 Expiration date 10

, as the result of the Company's operation in compliance to TFRS16. However, it provides no significant effects to Debt to Equity ratio and liability ratio. The Company had total shareholders' equity of

allocate proceeds from the disposal of such assets as follows; 1. To repay the Company's loan to a financial institution of Baht 40,165,062.60, which will result that the Company has no long-term debt to