31 December 2019, the Company’s Debt-to-Equity ratio was 0.95x, increased from 0.69x at the end of 2018. The Net Interest-bearing Debt-to-Equity ratio was 0.81x at the end of 2019, increased from 0.58x

from Baht 14,049.3 million at the end of 2018, mainly decreased from adopting new accouting standard (TFRS 15) in Retained Earnings. As at 31 December 2019, the Company’s Debt-to-Equity ratio was 0.95x

repaid loans from financial institution, therefore, total interest-bearing debt was amounted to THB 4,737 million, a decrease of THB 4 million, representing an interest- bearing debt to equity ratio of

to the allowances for bad debt and doubtful accounts of the bank are adequate as seen from high proportion of loan loss reserves ratio is at 186.65%. Earnings per share for the second quarter and the

discussion and analysis for the year ended December 31, 2018 To Director and Manager of the Stock Exchange of Thailand Referring to the submission of the audited financial statements of Wiik & Hoeglund Public

Date : 23/02/2001 09:16:00 -Translation- 14 November 2017 Subject : Information Memorandum Concerning Acquisition of Assets Attention : President The Stock Exchange of Thailand Vanachai Group Public

of 30 September 2017, debt to equity is in the ratio to shareholders' equity in 0.84:1). 9) Opinion of the Company's Board of Directors on the transaction : Approved Board of Directors had assessment

0 ] Ref. No. IVL 001/05/2021 6 May 2021 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Review of Financial Statements and the Management Discussion and Analysis of

causes the debt financing of the company to be in accordance with rules applicable to the trust except the rules related to the debt-to-equity ratio under Clause 31(1), which may apply specifically to the

(IPO), including with cash received after deducted directly attributable expenses of IPO, the Group has total equity of 467.41 Million Baht lead Debt to Equity ratio (D/E) as of 31 March 2019 was 1.70