decrease of 263%. The Company's total assets were recorded at THB 49,796 million, with total liabilities of THB 31,247 million and total shareholders' equity of THB 18,549 million. Debt to Equity Ratio (D/E

million and total shareholders' equity of THB 18,639 million. Debt to Equity Ratio (D/E) and Interest Bearing Debt to Equity Ratio represented at 1.44 and 1.26, respectively. Yours faithfully, Mr.Chamroon

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

Earning Ratio % 4.88 8.72 Debt to Equity Ratio Time 0.29 0.28 Return on Equity % 7.80 13.73 Gross Profit Ratio In 2017, the Company’s gross profit was 93.04 million baht, gross profit ratio was 15.60 % of

Company and its subsidiaries had strong financial position. As at December 31, 2018, the consolidated debt to equity ratio was 0.42 time, slightly decreased from 0.43 time as at December 31, 2017. As at

million baht or 37.1 percent due to higher in short-term loan from financial institution and long-term debt to expand portfolio and an increasing of liabilities of insurance business contract. Whereas

additional short term loan drawdown of 827.00 million Baht for working capital management. 9. KEY FINANCIAL RATIOS Key Financial Ratios As of 30 Jun 2017 As of 30 Jun 2018 Liquidity Ratio Current ratio (time

to maintain its D/E ratio of not higher than 2 .0 times. For the long-term loan agreements, there is additional condition to maintain DSCR of not less than 1.1 times. Interest Bearing Debt total

% q-q, and earning per share was 2.68 baht. The net profit increase because of decline in bad debt and doubtful account as well as lower finance cost. Financial Status Total Assets As of August 31, 2017

between the period, and in case of deposits in the financial institution having position or business operation problem, it shall disclose such amount of cash. 4.3 Investments in debt and net equity