Company be able to utilize the LED screens and billboards of COMASS in its full efficiency as well as to maximize the synergy between business of COMASS and the Company. 11. Opinion of the Audit Committee

13.8% 21.6% Net profit margin -0.8% 8.2% Efficiency ratio 30-Jun-19 30-Jun-18 Return on equity* 0.8% 9.9% Return on asset* 2.5% 7.5% Liquidity ratio 30-Jun-19 31-Dec-18 Current ratio (time) 0.70 1.35

13.8% 21.6% Net profit margin -0.8% 8.2% Efficiency ratio 30-Jun-19 30-Jun-18 Return on equity* 0.8% 9.9% Return on asset* 2.6% 7.5% Liquidity ratio 30-Jun-19 31-Dec-18 Current ratio (time) 0.70 1.35

skills and the most efficiency management for the proceeding to the Wattanapat Samui Hospital to be the Best private Hospital at Samui and will expand the customer society 8. Sources of Funds At first, the

due largely to an increase of Baht 737 million in premises and equipment expenses, partly due to expenses related to system development and improvements in operational efficiency. Personnel expenses

2017 was due to the low efficiency in asset utilization. At present, PCCA’s production capacity for cosmetic products accounts for approximately 40 percent of the total production capacity. Moreover

appraisal by financial advisor. PCCA’ s operating loss of THB 0. 07 Million in 2017 was due to the low efficiency in asset utilization. At present, PCCA’s production capacity for cosmetic products accounts

% 85.09 157.27 (19.27) (17.17) (187.40) Net profit margin5 % 59.02 53.35 53.52 67.77 14.25 Return on equity % 11.03 12.55 17.67 29.8716 7.6016 Efficiency Ratio1 Return on total assets % 4.65 5.01 5.86

Cash flow to income ratio4 % 85.09 157.27 (19.27) (17.17) (187.40) Net profit margin5 % 59.02 53.35 53.52 67.77 14.25 Return on equity % 11.03 12.55 17.67 29.8716 7.6016 Efficiency Ratio1 Return on total

-disciplined approach for cost management focusing on spending to enhance public health, improve working efficiency, as well as slowdown discretionary spending during the period of economic stagnation