, decreasing by Baht 98.10 million or 9.34% from the same period of 2017 because of decreased average cost of debt. Net-Debt-to-Equity ratio according to the Company’s consolidated financial statement as of
statements from cost method to equity method applying Thai Accounting Standard no.28 (TAS 28): Investments in Associates and Joint Ventures, 1 January 2020 retrospectively (full retrospective approach
million after repayment and a reduction of account payables of Baht 14.14 million due to a reduction of the cost of construction. The debt to equity ratio of the 1st quarter was equivalent to -9.36 times
stable QoQ. Return on Asset stood at 13.9% which increased from 2Q18. This resulted of efficiency in ARPU management and cost effective control. Return on Equity stood at 46.0%, increasing from 2Q18, due
products increasing the overall market size and providing significant total cost savings to our customers. Sales volume and revenue was also impacted by the highly competitive domestic market, as export
expectations. On the cost side a major external factor was the change in Thai legislative environment, which made it necessary to build major additional retirement provision in Q2. On top of the external factors
control to increase gross profit margin and long-term shareholders’ equity. (4) Low cost source of funds on loan from financial institution upon the Company’s capital base is adequate for loan support due
shareholders’ equity. (4) Low cost source of funds on loan from financial institution upon the Company’s capital base is adequate for loan support due to interest rate is lower than expected investment return
gross profit margin and long-term shareholders’ equity. (4) Low cost source of funds on loan from financial institution upon the Company’s capital base is adequate for loan support due to interest rate is
and warranty cost from service agent. Total shareholders’ equity as at 31 December 2017 was Bt1,334mn, increasing 12.8% compared to total shareholders’ equity as at 31 December 2016, mainly from net