+ Depreciation) / Average Total Fixed Assets) * 100 18) Total Assets Turnover = Total Revenue / Average Total Assets 19) Debt/Equity Ratio = Total Debt / Equity 20) Net Debt to Equity Ratio = Net Debt / Equity 21
increased revenue of high value projects, resulting in more fixed expenses to be covered Financial Analysis of the Company As of March 31, 2024, the Company has financial position that changed from its
data of flights that serviced by BAFS only at BKK and DMK Total revenue of 2019 of the Group was Bt3,956.1 million increased by Bt149.5 million or 3.9%(y-o-y) and the services income was of Bt3,872.4
Total Assets) * 100 17) Return on Fixed Assets = ((Net Profit + Depreciation) / Average Total Fixed Assets) * 100 18) Total Assets Turnover = Total Revenue / Average Total Assets 19) Debt/Equity Ratio
, the Group generates revenue of Baht 476 million from EMS business, which is decreased by Baht 48 million or 9% compared to the revenue of Baht 524 million for Q1’ 2017. It results from the decrease in
of 2019. For the operating result of the first Quarter ended March 31, 2020 compared with the same period of 2019, the Company had the Revenue from Sale of THB 341. 59 Million which was increased by
profit increased by 218.77% to Baht 46.03 million from Baht 14.44 million in the comparable quarter of 2017. The clarification of the Company operating results is as follows: Revenue from Sales In the 1st
fixed costs, while sales that increased from business growth will gradually be recognized as revenue per the accounting standard. 2. Total expenses of Baht 41.50 million, a decrease by Baht 217.18 million
performance Revenues Type of Revenue Jan-June 2018 Jan-June 2017 THB (m) % THB (m) % 1. HR Solutions 1.1 Human Resources and Payroll Outsourcing-services 119.48 46.98 109.78 46.89 1.2 Income from software and
internal organization. To support the continuous growth rate in the future by focusing on the allocation of capital to improve factories and machineries instead of revenue growth and the revenue from sales