came from Share of profit from investments in associated companies. Debt to Equity Ratio The Company had D/E ratio 0.13 times, increased from 2017 that had 0.11 times, as a result of trade account

financing, such as debt and equity. To arrive at a discount rate from a market participant’s perspective, the data variables are sourced from market data and guideline public companies. d) The calculation of

Property depreciation Rental and service fees Therefore, the return on assets and the return on equity of the group of companies is not good compared to the previous year. 6.3 Financial policy ratios The

, the Company and Subsidiary Companies received a share of profits from investments (by the equity method) of Baht 9.1 million; namely, a decrease of Baht 2.9 million from Q3/2016 (or equal to -24.2%YoY

The consolidated share of profit from associated companies based on the equity method in 2Q2019 was THB 73.51 million, increased by THB 97.36 million, or 408.30% up from 2Q2018 mainly from GFN’s profit

at June 30, 2018, the consolidated debt to equity ratio was 0.45 time and the consolidated net debt to equity ratio was considerably low at 0.30 time. Financial Highlights 2Q 2018 2Q 2017 Change 6M

Associated Companies The consolidated share of profit from associated companies based on the equity method in 3Q2019 was THB 53.26 million, decreased by THB 26.37 million, or 33.11% down from 3Q2018 mainly

5 of 13 Share of Profit from Associated Companies The consolidated share of profit from associated companies based on the equity method in 3Q2018 was THB 78.32 million, increased by THB 13.40 million

associated companies based on the equity method in 1Q2020 was THB 100.25 million, increased by THB 78.51 million, or 361.13% up from 1Q2019 mainly from GFN’s profit contribution was THB 12.25 million

thanks to higher revenue from sales, higher gross profit, higher share of profit from associated companies, and higher net profit comparing to 1Q2018. GFPT Group had total revenue from sales of THB 3,966