)  st Coverage (time Service Coverage  n on Equity  es from P&L are ann repayment sched Debent 17  7, 1, 7, 6, 7,   PEX & Fixed asset idend paid  ome tax paid ance cost & Finan payment of LT bor payment

debt to equity conversion scheme where the conversion price will be fixed at THB 0.19613 per share, aggregating not more than THB 4,275,830,130.00 (the “Allocation and Offering of the Newly Issued

. Fixed broadband saw strong demand of work- from- home, although, price competition remained intense with the broadband package starting from as low as Bt299 and pressured ARPU. Deploy 2600MHz to launch 5G

211 186 25 13.4% Interest and Tax expenses 36 42 (6) -14.3% Share of profit from associate and JV 68 31 37 119.4% Net Profit attributable to equity holders 315 123 192 156.1% Total Revenues Total

economy of scale in term of declined fixed cost per unit were another factors to gross margin improvement. Administrative Expenses For 2Q’18 and 1H18, administrative expenses increased at the similar rate

dividend in May. As a result, the Debt to Equity ratio increased from 1.23 times to 1.45 times of last year. Panjawattana Plastic PCL. 28 Moo 2, Tumbol Chaimongkol, Amphur Muang, Samutsakhon 74000

declined after accelerating in the previous quarter. Looking forward, financial institutions expect demand for business credit to increase, especially for large corporates to invest in fixed assets for

% 7% 5% 7% Return on Fixed Assets (ROFA) 26% 29% 26% 29% Debt/Equity Ratio 1.41 1.34 1.41 1.34 Net Debt/Equity Ratio 1.11 0.81 1.11 0.81 Leverage (Net Debt/EBITDA) 2.80 2.25 2.80 2.25

gain on sales fixed asset Baht 1.46 million. 4) Selling expenses decreasing from last year amounting of Baht 9.74 million or 12.02% due to local transportation charge decreased Baht 9.53 million. 5) The

administrative expenses to total revenue was close to the last year and not able to decrease since the Company had mainly the fixed expenses. However, the financial cost has been increasing from the incremental