robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain

resuming activities • Implement a ‘Work from Home’ policy and put in place IT infrastructure to support working from home where practicable • Ensure that a robust communication strategy is in place to

interest-bearing debt to equity is robust at 0.46 times. December 31, 2019 June 30, 2020 Change (THB million) (THB million) (THB million) % Cash and cash equivalents 3,591.6 2,779.1 (812.5) (22.6%) Total

taking steps towards resuming activities • Implement a ‘Work from Home’ policy and put in place IT infrastructure to support working from home where practicable • Ensure that a robust communication

Thailand as of 23 February 2018. Page 2 of 18 On 26 February 2018, the Company, entered into Equity Purchase Agreement with conditions precedent with APAC Real Estate Holdings LLC, a Nevada limited liability

0.8 Net debt & lease liability & spectrum license payable to EBITDA 2.2 2.2 2.0 Current Ratio (times) 0.4 0.3 0.4 Interest Coverage (times) 16.0 14.8 15.9 Debt Service Coverage Ratio (times) 4.4 2.1 3.1

year 2017 which was equivalent to 3.08 times. • Inventory turnover ratio was 2.91 times decreased from the year 2017, which was equivalent to 3.37 times due to lower production costs. Liability and Off

estimate the rental throughout the contract period to turn to be a liability and record asset from right of use of assets in the financial statements. However, the aforementioned increase still be lower the

Product Company Limited”) - Short – term loans from and accrued interest – related company decreased by 40 MB due to the subsidiary repay debt to the related company 40 MB. - Other current liability

liabilities as of 30 June 2017 total THB 47.6 mn, a decrease THB 15.4 mn or equivalent to 24.5% at year-ended 2016. The mainly factor is repayment schedule of long-term debt and liability under finance lease