2020, National Economic and Social Development Council (NESDC) forecasted Thailand’s economy to expand by 1.5- 2.5 percent, softening from 2019 due to impacts from the coronavirus (Covid-19) outbreak

property market. Total liabilities Total liabilities decrease 3.23% or 277.35 million THB i.e. from 8,592.92 million THB to 8,315.57 million THB. Since the short term loan that is due is paid back to

of the above, the interesting bearing debt-to-equity ratio of shareholders and the debt-to-equity ratio of shareholders increased from 0.41:1 to 0.44:1 and from 0.64:1 to 0.70:1 as of 31st December

numbers shown in this management discussion and analysis are likely to be different from the Company’s financial statement due to the rounding to 2-digit decimal and unit changed to million baht Turn-key

sale of Ratchaburi Electricity Generating Company Limited, a subsidiary, in the amount of Baht 322.82 million due to the increase in Base Availability Credit in 2017 comparing to 2016, as specified in

Baht 152.75 million in the year 2017 due to loss on exchange rate in the amount of Baht 136.75 million. In the year 2016, the figures showed the profit in the amount of Baht 60.16 million due to the gain

Equity (%) 15.32% 17.67% 23.26% Return on Assets (%) 10.66% 12.25% 16.37% Return on fixed assets (%) 89.99% 116.94% 161.08% Asset turnover times 1.09 1.06 1.17 Financial Policy Ratios Debt to Equity times

in this quarter decreased by Baht 2,966, Million or 95.1 percent due to no such transaction in this year. The Company had revenue from main business of Baht 2,489 Million representing a decrease from

estate business decreased due to unfavorable factors, MK Group was able to grow other business. As a result, total revenue from sales and services was down by THB 108.7 million, or 2.39% and maintained the

148.86 million Baht in 2019. The Company’s net profit has increased by 645.62 million Baht or 433.70%. Due to the increased in biodiesel sold after the increased in the proportion of biodiesel blends in