% 23.5% 23.2% 0.3% Expense to operating income ratio 41.9% 45.8% 44.9% (3.9)% (3.0)% 42.8% 47.8% (5.0)% Return on average assets * 1.06% 1.07% 1.10% (0.01)% (0.04)% 1.09% 1.09% - Return on average equity
assets * 1.19% 1.17% 1.16% 0.02% 0.03% 1.18% 1.17% 0.01% Return on average equity * 8.84% 8.74% 9.16% 0. 10% (0.32)% 8.81% 9.12% (0.31)% * Attributable to owners of the Bank V3 22/08/62 3 Million Baht Item
ratio 42.8% 39.9% 45.8% 2.9% (3.0)% 41.4% 43.3% (1.9)% Return on average assets * 1.16% 1.17% 1.07% (0.01)% 0.09% 1.17% 1.10% 0.07% Return on average equity * 9.16% 9.05% 8.38% 0.11% 0.78% 9.12% 8.61
% 1.16% 1.09% 0.07% Return on average equity * 8.91% 9.16% 8.33% (0.25)% 0.58% 9.04% 8.50% 0.54% * Attributable to owners of the Bank Million Baht Item September 2018 June 2018 December 2017 Change
from relocating some product from the old production line to the new one; 4) higher excise tax as well as sugar tax following the Excise Act, B.E. 2560, effective since 16 September 2017; 5) higher R&D
exchange and is expected to be completed within Q3/2018 for the new CCPH shareholder structure by officially transferred the KPPH’s assets, liabilities, and equity as a whole to CCPH subject to the
Equity Conversion Debt”). 4. ACO I agreed to reduce a part of the outstanding Trade Debt (i.e. a haircut) by waiver of the outstanding interest of USD 95,377,980, or equivalent to THB 3,291,419,906.931. As
. . . . % Profit Sharing for the Year - The Company’s Equity . . . . % - Non-controlling Interest ( . ) ( . ) . . % Management's Discussion and Analysis and operating results for the Year 2017 Page 3 / 10 3.1
international sales declined dramatically at 46.03% compared to the same period of the previous year. One of the issues was the delayed product delivery after the license was issued from China Food and Drug
shareholders of Baht 163 million and dividend paid to non-controlling interest of one of the subsidiaries of Baht 109 million. The appropriate of capital structure The Group’s debt to equity ratio as at 30 June