twelve months (3) Interest bearing debt to equity net of cash and cash equivalent and short-term investments Table 4: Key Financial Ratios 3Q 2Q 3Q YoY QoQ 9M 9M YoY 2018 2019 2019 (%) (%) 2018 2019

debt to equity net of cash and cash equivalent and short-term investments Table 4: Key Financial Ratios 1Q 4Q 1Q YoY QoQ 2019 2019 2020 (%) (%) Profitability Ratio Gross profit margin (%) 52% 52% 51% (1

Financial Ratios 2Q 1Q 2Q YoY QoQ 6M 6M YoY 2019 2020 2020 (%) (%) 2019 2020 (%) Profitability Ratio Gross profit margin (%) 49% 51% 29% (21%) (22%) 51% 43% (7%) Rent and services (1) 49% 51% 30% (19%) (22

debt to equity net of cash and cash equivalent and short-term investments Table 4: Key Financial Ratios 2Q 1Q 2Q YoY QoQ 6M 6M YoY 2019 2020 2020 (%) (%) 2019 2020 (%) Profitability Ratio Gross profit

operating results and the significant financial ratios of the REIT for the past three accounting years (or as available at the time, and the latest accounting year up until the latest quarter), and give an

) Number of Shares (Share) Par Value (Baht/Share) Shareholding Percentages 1 Ordinary shares of Unison One Co., Ltd Office building rental 340.00 3,400,000 100.00 100.00 2 Ordinary shares of Muangthong

Percentages 1 Ordinary shares of Unison One Co., Ltd Office building rental 340.00 3,400,000 100.00 100.00 2 Ordinary shares of Muangthong Assets Co., Ltd. Hotel 125.00 1,250,000 100.00 100.00 3 Ordinary shares

255 million or 1.11 percent in net interest income, derived from rising interest income from investment. KBank maintained key financial ratios at levels consistent with our overall economic performance

percent owing to seasonality. Given our funding cost management appropriate for the prevailing risk in a fragile business environment, KBank maintained key financial ratios at levels consistent with our

PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MD&A Q1/2019 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q1 2019 For Q1/2019, the EBITDA of the company increased by Baht 1,154 million or 118% from Q4/2018 and increased by Baht 646 million or 43% from Q1/2018. The increase was mainly due to improved operating results of the Sriracha Power Plant and the acquisition of GLOW also contributed to an increase in EBITDA by Baht 751 million. The net...