million THB. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased from 0.41:1 to 0.51:1 and from 0.64:1 to 0.71:1 as of 31st December 2018

, the interest bearing debt to equity ratio and the debt to equity ratio have increased from 0.49 : 1 to 0.50 : 1 and from 0.69 : 1 to 0.77 : 1 as of 31st December 2017 and 30th June 2018 respectively

of projects pending income recognition increased 347.15 million THB or 40.50%. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased

to 10.36636 billion THB. 4 As a result of the above reasons, the interest-bearing debt to equity ratio and the debt-to-equity ratio have increased from 0.82:1 to 0.91:1 and from 1.00:1 to 1.14:1 as of

Debt to equity(x) 0.3 0.5 0.3 Interest bearing debt to equity(x) 0.2 0.3 0.2 Interest bearing debt to EBITDA(เทา่) 2.3 1.9 2.1 Notes : Current Ratio(Times) = Current assets divided by current liabilities

(%) 6.65 3.41 1.46 Return on total assets (%) 11.09 7.34 4.44 Return on equity (%) 12.85 10.13 5.76 Debt to equity (Times) 0.25 0.52 0.33 Interest bearing debt to equity (Times) 0.19 0.34 0.23 Interest

revenue (%) 8.94 4.72 4.07 Net Profit to sales revenue (%) 5.23 1.46 1.05 Return on total assets (%) 10.71 4.44 3.25 Return on equity (%) 13.21 5.76 4.43 Debt to equity (Times) 0.40 0.33 0.34 Interest

lower long term borrowing from debt repayment and lower spectrum payable and lease liability. Interest-bearing debt stood at Bt116,749mn, decreasing by -8.2%. Total equity was at Bt88,278mn, decreasing

25,163 5.5% 25,169 5.7% Total Equity 90,678 20% 94,003 21% Key Financial Ratio 2Q23 1Q24 2Q24 Debt to equity (times) 2.7 4.3 3.7 Interest-bearing debt to equity (times)* 1.0 1.4 1.2 Net debt to EBITDA

%. Net debt to EBITDA (including lease liabilities and license payable) was at 2.5x. Total equity was at Bt94,003mn, increasing 3.7% from increased retained earnings. Cash flow In 1H24, cash flow from