, increased from 0.67 times as of 31 December 2017. Regarding to the Company’s target revenue from residential real estate projects of THB 10-12mn per year within 5 years, the Company expect this ratio will

line with business target and budget both debt acquisition business and debt tracking business. The performance in Q3/2018 shows a proven record of its performance. However, in Q4/2018 expect to grow

negatively impacted by COVID-19 pandemic. For this year, with the easing supply of the semiconductor shortage, higher volume from our major customers and new product launch in March, we expect this year to be

. For this year, with continuously growing order on hand, we expect the momentum to continue and our 2023 performance is expected to be better than 2022. This is reflected in our Q1 2023 revenue and core

income in the future and the better financial status as the Company does not create an additional liability from loan and can reduce the financial cost. Also, the Company foresee the growth of Biodiesel

and can reduce the financial cost. Also, the Company foresee the growth of Biodiesel industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This

still foresee the trend to continue in the rest of the year. In 9M/2019, gross profits were THB 4,193 million, up by THB 859 million or 25.8%, representing a gross profit margin of 38.2% increased from

analytics of user behavior and profiles from a growing database of users of Rabbit Group. We expect to see more initiatives with the remaining media platforms (Outdoor, Aviation and Activation) in the near

quarters, 2Q to 4Q 2018. Going forward, we expect 2018 to be another year of impressive growth for MACO. This will be driven by the full year consolidation of COMASS, the expansion of LED billboards to 50

the period that US Federal Reserve would cut the interest rates. However, on 7 August 2019, the Bank of Thailand had announced the policy to cut interest rate which could expect Thai baht to become