, the interest bearing debt to equity ratio and the debt to equity ratio have increased from 0.35 : 1 to 0.46 : 1 and from 0.50 : 1 to 0.73 : 1 as of 31 December 2016 and 30 June 2017 respectively. Cash

. -Increased revenue from sales of machinery equipment and engineering services realized via deliveries in the 1st and 2nd quarter of 2017. -Decreased financial expenses due to further debt reduction and

Gross Margin 7.42% -2.09% Net Profit Margin -12.37% -14.39% Debt to Equity Ratio (Time) 8.96 5.88 Total Expenses The 3-month Operating Result as ended 30 June 2017 Construction Income In the 2nd quarter

exchange rate by adopting a quicker and higher debt pay- off ratio. T/R payable slightly increased. Trade account payables and other payables decreased. The decrease in Shareholders' equity was from dividend

% in Q2 2016. The interest bearing debt to equity (D/E) ratio has increased, from 0.36 times in Q1 2017 to 0.69 in Q2 2017, due to increased borrowings to finance the investment in SGAH. The D/E ratio

2.18% 3.39% Current ratio (x) 1.04 1.02 Debt/Equity (x) 0.71 0.69 Interest-bearing debt/Equity (x) 0.34 0.36 Interest coverage (x) 6.91 13.61 Book value per share (Baht) 5.42 5.38

RATIO Debt to Equity 0.33 Times 0.36 Times 0.34 Times 0.40 Times Interest Coverage N/A Times N/A Times N/A Times N/A Times Debt Coverage (Cash Basis) 1.01 Times 0.93 Times 0.77 Times 0.96 Times Dividend

above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased from 0.35 : 1 to 0.47 : 1 and from 0.50 : 1 to 0.69 : 1 as of 31 December 2016 and 30 September 2017

Myanmar SPA-Today-Far East Company Limited made Myanmar SPA- Today-Far East Company Limited ending the status of an associate. Apart from that, both companies have no outstanding debt obligations. (7) Total

625.70 million THB or 270.35%. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased from 0.35 : 1 to 0.49 : 1 and from 0.50 : 1 to 0.69