exchange, promisory notes, bonds and debentures but excluding structured notes and debenture imposing obligation on debenture holder. In case the remaining time to maturity of the debt instruments under

and intense competition. Transaction For the Year ended 31st December Unit 2019 2018 Gross Profit Ratio % 10.90 14.58 Earnings Ratio % 0.19 3.15 Debt to Equity Ratio Time 0.30 0.27 Return on Equity

of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the

of 49.35 Million Baht. As at 31 December 2019, the Group’s Current ratio was 1.48 times which mean the company’s liquidity to payment on short-term liability was still high. While Debt to Equity tel:02

-2763 As at 31 March 2020, the Group’s Current ratio was 1.42 times which mean the company’s liquidity to payment on short-term liability was still high. While Debt to Equity ratio of the Group and

increased by 17.63 percent. (5) Debt Obligation The Corporate Group has policy to mitigate risk from interest fluctuation by taking long-term loan with fixed interest rate. Accordingly, as at June 30, 2019

year increased by 17.53 percent. (5) Debt Obligation The Corporate Group has policy to mitigate risk from interest fluctuation by taking long-term loan with fixed interest rate. Accordingly, as at

increase in annualized interest on loan payment of 4.44 percent. (5) Debt Obligation The Corporate Group has policy to mitigate risk from interest fluctuation by taking long-term loan with fixed interest

2.03 27% Core EBITDA/t (US$/t)) 107 100 94 14% 97 86 13% Net Operating Debt to Equity 0.84 0.80 0.99 0.84 0.99 Note: (1) Consolidated financials are based upon elimination of intra-company (or intra

Asset 2.14 0.5% 3.01 1.4% 0.87 40.7% Non-Current asset 587.39 47.9% 635.36 49.3% 47.97 8.2% Total Asset 1,225.98 100.0% 1,276.51 100.0% 50.53 4.1% Liability Current liability 77.35 6.3% 85.75 7.6% 8.40