Tech Environment Public Company Limited 3. Total equity was THB 2,502 million as of 30th September 2020, which rose by 180% from THB 893 million as of 31st December 2019. The increase in the equity was

and increase FN brand equity in a long run. For the proportion of other income to total revenue, the Company was able to maintain proportionate compared to previous period. The Company targets to expand

’ equity of THB 365.6 Mn and THB 468.6 Mn respectively, an increase of THB 103.0 Mn. This increase in shareholders’ equity was mainly attributed to the company net profit during the period of THB 140.2 Mn

percent, due to an increase in selling and administrative expenses excluding depreciation of 4.90 percent despite the increase in gross profit margin of 2.65 percent. Earnings Efficiency Return on Equity

decrease of 0.38 percent, due to an increase in net profit of 2.73 percent but there was an increase in the shareholders' equity of 4.65 percent from the previous year. Return on Assets (ROA): The Corporate

percent despite the increase in selling and administrative expenses excluding depreciation of 12.13 percent. - 4 - Earnings Efficiency Return on Equity (ROE): The Corporate Group’s ROE increased from 20.78

Equity (ROE): The Corporate Group’s ROE increased from 20.78 percent as at end of 2018 to 38.85 percent as at March 31, 2019 or an increase of 18.07 percent, due to an increase in annualized projected

the increase in gross profit margin of 2.99 percent, but the increase selling and administrative expenses excluding depreciation of 1.60 percent. Earnings Efficiency Return on Equity (ROE): The

parties of THB 522.78 million, which mainly were repaid after capital increase. Equity As at December 31, 2019, Company and its subsidiaries had the total equity of THB 3,869.88 million, or 87.71% of the

of advance payment related to tooling project from Vinfast. Total shareholders’ equity increased by Baht 413 million, driven increase of profit during the period, partly offset by dividend payment. Key