impacted by inventory gains/losses wherein inventory gains decrease the cost of sales and inventory losses increase the cost of sales. Net Operating Debt is Net Debt (total debt less cash and current

earnings. Debt to Equity Ratio The interest-bearing debt of the Company stood at THB 5,551.9mn while cash and cash equivalents stood at THB1,618.8mn. As a result, the debt to equity ratio1 was 0.79times as

businesses as well as amount of restricted cash. Debt to equity ratio decreased by 5.72 times, from 7.28 times to 1.56 times due to the decrease of total liabilities from repayment of short-term borrowings to

ratio 9M17 2016 Current ratio (time) 0.96 1.12 Leverage ratio 9M17 2016 Interest bearing debt to equity (time) 0.39 0.37 Net debt to equity (time) 0.90 0.80 9M17 9M16 Interest coverage ratio (time) 9.13

24,087m Current assets and THB 43,594m Non-current assets. Total liabilities stood at THB 40,085m while the net gearing ratio stood at 0.77x, significantly lower than the Company’s covenant. Additionally

year ended 31 December 2018 Change Reason Liquidity Ratio (x) 5.85 4.53 1.32 Increased mainly due to the decline of account payable, while current asset decreased at slower pace. Quick Ratio (x) 1.91

sales. Core Net Profit is the Reported Net Profit less extraordinary items less tax adjusted inventory gain/loss. Net Operating Debt is Net Debt (total debt less cash and current investments) less cash

expansion is still subjected to the rising cost of living, in which the inflation rate in 4Q/2022 reached 5.8%, the household debt ratio is considered high amid the increasing trend of interest burden but

2017 the Company organized such event in the fourth quarter (during November), resulting in a decrease in net profit ratio (ROS) from 20.16% in 2017 to 17.16% in 2018, for the same period. The total

Gross Margin 3.43% -1.88% Net Profit Margin -57.55% -67.77% Debt to Equity Ratio (Time) 410.39 16.47- Total Expenses Summary of 3 Months Operating Result as ended 30 June 2020 Construction Income In the