than the end of 2017 of 89.9 million baht. As ending of third quarter of 2018, the Company‘s debt to equity ratio was 2.90 times and the interest bearing debt to equity is 2.50 times.   Management

amendment of the Labor Protection Act since 2Q19. As of September 30, 2019, Net Interest-bearing Debt to Equity decreased slightly from 0.25 times to 0.23 times as a result of lower debt and lower equity

-to-equity ratio of 2.97 times and the interest-bearing debt to equity ratio of 2.61 times. Forward Looking The Company's operation has been continuing to set goals for the sustainability of the

part of the business plan that MK would like to grow both real estate and rent & service business. The sale transaction helped to reduce the financial burden as well as maintain interest bearing debt

increased to support higher requirement for production. As of March 31, 2020, Net Interest-bearing Debt to Equity improved from 0.18 to 0.16 times as a result of lower debts and higher equity. Shareholders

Company‘s net profit increase. The Company’s Interest Bearing Debt to Equity Ratio was 2.20 times decreased from the ending of 2019 which equal to 1.68 times. This was a result of debenture issuance on 5

March 2020 compared to 31 December 2019: 4. Financial Ratios Note: 1) Net Debt = Interest bearing liabilities – cash and cash equivalents 2) Leverage Q1 and FY use annualized EBITDA for the previous 4

statement of debenture issuer, deducted by cash and cash equivalents" to" the total liabilities only with the interest-bearing debt as shown in the consolidated financial statement of the debenture issuer

. While Debt to Equity ratio of the Group and Interest Bearing Debt to Equity ratio was 0.88 times and 0.29 times, slightly decreased from last year ratio of 1.27 and 0.47, consequently, which is low risk

liquidity reserve measure during the crisis and a decrease in trade and other current payables of Bt650 million in line with lower business. As of June 30, 2020, Net Interest-bearing Debt to Equity raised