at 31 December 2018 and 2019, the Company’ s debt- to- equity ratios were 0. 89 and 0. 77, respectively. They were at a low level as the Company only had short-term loans which were current liabilities

million, respectively. - Translation - 5 As at 31 December 2019 and 30 June 2020, the Company’s debt-to-equity ratios were 0.77 and 0.78, respectively. They were at a low level as the Company only had short

standards under WHA level. However, the genuine gross margin in the first quarter of 2019 was at 49.0% for the warehouse rental and service business which decreased from 51.5% in the same period of previous

level at which signified reasonable capital structure and low financial risk. Breakdown of major liabilities Return on equity As at 31 December 2018, shareholders' equity amounted to 33,941 million baht

decrease of 9.2% from 2018 and 4.4% from 2017 respectively. The Debt to Equity ratio of 0.40 times in 2019, a drop from 0.42 in 2018 and 2017, is at a level signifying reasonable capital structure and low

& Shareholders’ Equity Current assets have decreased largely due to reduced inventory predominantly fuel as it is used in production. Non-current assets have decreased in line with depreciation with no major

value mix that Golden Lime and Saraburi Quicklime offers to its customers (high level of supply security, continuous improvement of quality, services in logistics and application of the products

that Golden Lime and Saraburi Quicklime offers to its customers (high level of supply security based on total 9 kilns in operation, continuous improvement of quality, services in logistics and

material cost of natural gas. This is the mechanism of the price formula which had the intention to give natural gas power plant keep the level of gross profit by mitigating the risk of natural gas price

were made on 2017 financial statement, affecting the statement of financial positions as follow: Asset: Investment in associated companies decreased THB 242 million Shareholders’ Equity: Retained