Company Limited Management’s Discussion and Analysis (MD&A) Page 13 of 18 (1) Return on assets and return on equity are calculated based on net profit in the last twelve months (2) Interest bearing debt to
to equity (times) 0.45 0.54 Debts with fixed interest % 63% 58% Credit Rating by TRIS (Reaffirmed in October 2017) A+ A+ 1 Net debt after debt for capex and investments in progress that are not
been mainly driven by improvements in tourism and industries related to the export sector. In contrast, provinces that rely on agriculture have not yet seen a clear pick-up, despite higher agricultural
75.19 million baht, decreased by 37.82 million baht or 33.47% of the same period of sales in 2019. Most of the Company’s products had a drop of sales in this quarter, especially ‘Disc plough’ that
due to the high fiscal base effect in the same period last of year that have accelerated disbursement after the budget Act for the year 2020 was delayed, it remained at a high level. In Q1–2021, the
above may result in a decrease in unappropriated retained earnings and shareholders’ equity by Baht 13,000. 00 million and an increase in liabilities from an increase of dividend payable in the amount of
year. In 2017, the Company achieved a remarkably success in distress debt management business. The Company achieved its record high in cash collection at 1,847 million Baht. Thanks to distress the
Interest Bearing Debt to Equity ratio at the end of 2017 were 1.25 times and 1.21 times respectively. Cash Flow Statement In 2017, the company has a net increase of cash and cash equivalents of 402.4 million
and 2018 was THB 110.5 million and THB 101.0 million, respectively, representing a decrease of 8.6%. This decrease in cost of sales was mainly attributable to decrease in raw material and packaging cost