-bearing Debt/Equity Ratio 1.32x 0.62x 1 Net profit margin is calculated by dividing the Net Profit attributable to Owners of the Parent by Revenue from Sales and Services and Share of Profit from

Policy 31 Mar 18 31 Mar 17 Debt to Equity (times) 0.32 0.29 Posted acquisition TBSP at the 1st quarter 2018, the financial ratio showed Debt to Equity ratio in line with convenant of borrower banks and

% Return on Assets (ROA) (%) 7.37% 6.53% Capital Structure and Debt Ratio Debt to Equity ratio (time) 0.99 0.92 Debt Service Coverage ratio (DSCR) (time) 2.47 2.25 Note: (1) Gross profit and Net profit were

share, increasing from 55.1 baht per share as of February 28, 2017. Debt to Equity ratio as of August 31, 2017 remained constant at 4.3 times. Return on Equity and Return on Asset for six month period are

beginning of the year, depressing farm income and the purchasing power of farm households, which represent a majority of the population. Coupled with high levels of household debt, these factors limited the

debt ratio stemming from increased loans and lower shareholder equity, the ratio was nonetheless at comfortably low level. The interest coverage ratio (EBITDA / finance costs) decreased to 53.7x from

driven by the increase in Retain earnings of Baht 1,974.6 million and Share premium on ordinary shares of Baht 2,557.8 million. As at 31 December 2017, the Company’s Debt-to-Equity ratio was 0.70x

-year average of 68.0 percent. Consequently, employment contracted by 0.7 percent. Private consumption slightly softened due to stagnant farm and non-farm income growth. Moreover, household debt, which

Company, therefore, the interesting bearing debt to equity ratio and the debt to equity ratio of shareholders do not exceed 1:1 which is in compliance with the Company’s policy. The financial costs are also

or ROA 16 (%) 8.32 10.56 10.43 Return on Fixed Assets 17 (%) 23.25 25.92 25.51 Total Assets Turnover 18 (times) 1.16 1.09 1.03 Leverage Ratio Debt/Equity Ratio 19 (times) 0.59 0.50 0.43 Net Debt to