accordingly (for year 2016: sale volumes and production volumes at 187,043 tons and 189,008 tons in accordingly) - Gain from debt restructuring was achieved of THB 110 million resulting from debt-to- equity

services were increased by revenue ratio. The sales expenses amount 33.77 million baht in Quarter 2/2020 compared to Quarter 2/2019 amount 33.96 million baht or decrease by 0.19 million baht (0.56%) and the

debt to equity ratio (D / E ratio) at 0.34. Cash Flow As of March 31st, 2020, the Company had net cash generated from operating activities around 239.25 million baht, increased about 160.80 million baht

, increasing 0.01 QoQ. Debt to equity ratio was 2.15, increasing from previous year, as a result of the adoption of TFRS16, which increased lease liability at the end of the quarter to Bt141.91mn. (The debt to

to that of 2Q2019. Debt to equity ratio was 1.91, increasing from previous year, as a result of the adoption of TFRS16, which increased lease liability in 2Q2020 by Bt160.41mn. Interest-bearing debt to

1,038.6 1,093.4 (5.0) Non-Current Liabilities 294.0 299.4 (1.8) Total Liabilities 1,332.6 1,392.8 (4.3) Total Shareholders’ Equity 1,842.5 1,873.1 (1.6) Current Ratio (times) 1.20 1.22 Debt to Equity Ratio

December 2018 Current Ratio 8.1 8.1 Debt to Equity Ratio 0.2 0.2 Million Baht three-month period 2019 2018 Cash and Cash Equivalent on 1st January 291.7 24.3 Net Cash Provided (Used in) Operating Activities

million baht Date 31 March 2018 31 December 2017 Current Ratio 4.1 3.6 Debt to Equity Ratio 0.2 0.2

Liabilities 432.3 390.2 10.8 Total Liabilities 1,563.5 1,356.4 15.3 Total Shareholders’ Equity 1,979.4 1,872.8 5.7 Current Ratio (times) 1.17 1.39 Debt to Equity Ratio (times) 0.79 0.72 Total Assets As of March

the end of 2018. Loan to deposits and borrowings ratio stood at 104.0%, comparing to 99.1% at the end of 2018. 10 LIABILITIES CONSOLIDATED Change (BAHT'000) Sept 30, 2019 Dec 31, 2018 Amount % Deposits