going to obtain approval as auditor in the capital market work part-time for the audit firm, such audit firm shall have not less than two certified public accountants; (b) in cases where the audit firm

all 4 criteria of the following apply (referred to Clause 3.2).NDR is required to disclose information on the Transaction to the SET; obtain approval from the shareholders’ meeting of NDR with votes of

% Efficiency Ratios Return on Equity (%) 15.44% 15.32% 17.67% Return on Assets (%) 10.87% 10.68% 12.25% Return on fixed assets (%) 82.27% 89.99% 116.94% Asset turnover times 1.14 1.09 1.06 Financial Policy

1: Debenture term is 3 years and fixed interest rate at 2.27% per annum (2) Tranche 2: Debenture term is 5 years and fixed interest rate at 2.57% per annum. The debentures have been rated A-(tha) by

(%) 5.69% 9.51% 9.80% Return on Equity (%) 8.82% 15.44% 15.32% Efficiency Ratios Return on Assets (%) 6.27% 10.87% 10.68% Return on fixed assets (%) 46.78% 82.27% 89.99% Asset turnover times 1.10 1.14 1.09

last year and also in fixed costs related to production maintenance cost increased due to the earlier than expected improvement projects on the kilns. However, maintenance has normalized and the average

Placement to institutional investors and high net-worth investors at the amount of 3,000 million baht comprise; (1) Tranche 1: Debenture term is 3 years and fixed interest rate at 2.37% per annum (2) Tranche

due to last year the Company had long-term loans with financial institution in the amount of Baht 250 million for acquisition the subsidiary business with fixed interest rate at 3.75 percent per year

from investments in fixed assets of Baht 30 million; (2) other cash inflows from other investing activities of Baht 2 million.  Net cash received in financing activities of Baht 75 million, consisting

Baht 77 million  Net cash used in investing activities of Baht 31 million, comprising of (1) cash outflows from investments in fixed assets of Baht 21 million; (2) other cash inflows from other