/Equity Ratio 1.75 1.44 1.75 1.44 Net Debt/Equity Ratio 1.28 1.18 1.28 1.18 Leverage (Net Debt/EBITDA) 3.76 3.03 3.76 3.03

2017 FY2016 Return on Equity (ROE) 8.37% 2.52% 12.22% 11.29% Return on Assets (ROA) 5.05% 1.56% 7.37% 6.97% Return on Fixed Assets (ROFA) 23.35% 22.33% 27.68% 31.92% Debt/Equity Ratio 0.69 0.62 0.69 0.62

% 7% 5% 7% Return on Fixed Assets (ROFA) 26% 29% 26% 29% Debt/Equity Ratio 1.41 1.34 1.41 1.34 Net Debt/Equity Ratio 1.11 0.81 1.11 0.81 Leverage (Net Debt/EBITDA) 2.80 2.25 2.80 2.25

% 36.06% Debt/Equity Ratio 1.34 0.67 1.34 0.67 Net Debt/Equity Ratio 0.81 0.25 0.81 0.25 Leverage (Net Debt/EBITDA) 2.27 0.71 2.27 0.71

period 63.72 113.16 -49.44 -44% Q2 2018 Q2 2017 FY 2018 FY 2017 Return on Equity (ROE) 17% 16% 16% 16% Return on Assets (ROA) 8% 10% 7% 10% Return on Fixed Assets (ROFA) 35% 33% 32% 34% Debt/Equity Ratio

(ROFA) 28% 22% 31% 30% Debt/Equity Ratio 1.38 0.78 1.38 0.78 Net Debt/Equity Ratio 1.13 0.43 1.13 0.43 Leverage (Net Debt/EBITDA) 3.06 1.80 2.82 1.35

2018 Return on Equity (ROE) -1% 10% 4% 14% Return on Assets (ROA) 0% 5% 2% 7% Return on Fixed Assets (ROFA) 16% 29% 20% 31% Debt/Equity Ratio 1.61 1.38 1.61 1.38 Net Debt/Equity Ratio 1.34 1.13 1.34 1.13

. Appropriateness of the Funding Structure In 2Q 2019, the Company had total debt to equity ratio of 81.6 times increased from 1Q 2018 at 16.1 times. The interest-bearing debt to equity ratio was 54.7 times increased

outstanding balance of dividend payment of 516.47 million THB which will be paid to the shareholders in April 2018. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to

the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have decreased from 0.49 : 1 to 0.41 : 1 and from 0.69 : 1 to 0.64 : 1 as of 31st December 2017 and 31st