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

, gain from exchange rate etc. Summary of significant financial ratio (consolidated financial statements) Financial Ratio 2019 2018 2017 Liquidity ratio (time) 0.62 0.29 0.31 Debt-to-equity ratio (time

million baht. Additionally, as of September 30th, 2017, the Company had debt to equity ratio (D/E ratio) at 0.36 times. Cash Flow According to the consolidated financial statement as of September 30th, 2017

of steel Relationship with the Company Business Partners Debt amount * 252.08 million Baht Debt to Sales ratio** 7.33% Provision for allowance for doubtful accounts 100% of outstanding balance due to

million baht, which is sufficient for the Company’s operation and debt payment. The DSCR ratio of 0.22 declined compared to the previous fiscal year due to a higher amount of bank loan and bond maturities

the supermarkets and retail malls are declined. The ratio of the revenues from the domestic sales and services to the overseas sales and services in 2017 is 78. 3 percent to 11.2 percent respectively

frozen foods, sausages, and moon cakes in the supermarkets and retail malls are declined. The ratio of the revenues from the domestic sales and services to the overseas sales and services in 2017 is 78. 3

in account payable. Return on Equity (%) 0.28 0.59 (0.31) Decreased from under performance Debt-to-Equity Ratio (x) 0.24 0.17 0.07 Increased in lease liabilities and decreased from equity due to adopt

253,057,075 and total liabilities in the amount of THB 1,214,696,854 and the debt to equity ratio according to the consolidated financial statement of the Company at approximately 5.3, comparing with the

Supervisory Board No. Tor Jor. 17/2561 Re: Application and Approval for Offer for Sale of Newly Issued Debt Securities _______________________ By virtue of Section 16/6 and Section 89/27 of the Securities and