, this risk was relatively low. Interest Coverage ratio (EBITDA / Financing Cost) edged up to 350x in this quarter from 61x yoy while Debt to Equity Ratio maintained at extremely low level. Please be

reasons for the decline of cost ratio not only stemmed from the increase of SW income and non-sw income per head but also from the efficient cost management particularly staff cost. Administrative Expenses

(“Centara Udonthani Hotel”). Well-managed financial costs with 42% drop YoY also contributed to the higher net profit. Effective operating costs management resulted in higher Gross Profit ratio, which

ability, which may curb demand for secured loans, especially housing loan. Meanwhile, debt quality still needs close watch given the complexity of its management, taking into account the tackling of

value unless such exceeding ratio does not occur from additional loans. The calculation for the ratio in the first paragraph shall also include the debt and equity of all subsidiary companies of

and provision of doubtful debt of Baht 21.80 million, and the increase of administrative expenses of Baht 10.23 million of Vientiane Waste Management Co., Ltd., established on June 3, 2019 at Vientiane

at August 31, 2022 was 86.1 baht per share, increased from 79.6 baht per share as of February 28, 2022. As at August 31, 2022, Debt to Equity ratio stood at 3.3 times decreased from 3.5 times at the

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended March 31, 2018 In the first quarter of 2018, Thai economic growth gained

Cycle (Days) 46 50 Total Debt to Equity Ratio (Times) 0.55 0.71 Interest Coverage Ratio (Times) 88.49 43.82 Debt Service Coverage Ratio (Times) 4.60 2.59 - 9 - (3) Asset Management Capability (3.1) Debtor

22.90 Debt Service Coverage Ratio (Times) 2.45 1.74 - 9 - (3) Asset Management Capability (3.1) Debtor Quality, Accounts Receivable Aging, Provision and Sufficiency of Allowance for Doubtful Debts The