12.11 million baht. Financial Ratios Ratio unit 31 Dec 16 31 Dec 17 Liquidly ratio Time 2.91 2.36 Net profit ratio % (14.34) (16.89) Return on equity ratio % (5.07) (5.19) Return on asset ratio % (4.08

short-term loan to financial institutions. And pay back some of the debentures for the shares due in May 2020. Shareholders’ equity as of June 30,2020 and December 31,2019 amount to Baht 1,673.78 million

of its assets. To achieve the target revenue. Financial ratio analysis. From debt to equity ratio of 0.56 times, there is no risk in borrowing.The Company's performance For three months Ended on June

Ocean Commerce Limited ( Company) No. 6/2017 held on November 8, 2017 , has approved the financial statements and results of operations of the Company. For the ended September 30, 2017 which was audited

2/2018 3/2018 Current ratio 0.54 0.53 0.51 Debt to Equity ratio 2.28 2.35 2.47 Interest Bearing Debt ratio 1.00 1.17 1.21 Return on Asset 18.0% 13.6% 13.9% Return on Equity 46.8% 44.4% 46.0% Financial

Assets Notifications") has the highest value of 103.44% based on the net tangible assets value method according to the financial statements in which the equity method is applied of the Company ended 31

on Assets (%) 4.78 3.95 6.33 Return on Fixed Assets (%) 36.41 30.95 36.84 Asset Turnover (Times) 1.04 1.11 1.07 FINANCIAL POLICY RATIO Debt to Equity Ratio (Times) 0.26 0.27 0.27 Interest Coverage

June 30, 2017 representing to Baht 290.13 million increasing from as of December 31, 2017 equivalent to Baht 8.00 million. 2. Total Liabilities and Shareholder’s Equity Statement of Financial Position

Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the year ended December 31, 2018. The details

51.7 million as the joint venture that the Company holds 33.37 percent of total shares for biomass power plant business. 2. Total Liabilities and Shareholder’s Equity Statement of Financial Position