expenses was approximately 29.3 percent of the total company revenue compared to 29.4 percent for the same period of year 2016. -2- 3. Financial Status (Company and Subsidiaries) (1) Total Assets Company

company revenue compared to 29.2 percent for the same period of year 2017. -2- 3. Financial Status (Company and Subsidiaries) (1) Total Assets Company total assets as of June 30, 2018 was 1,622.6 million

Sebtember 30, 2019 and December 31, 2018 2019 2019 Inc/(Dec) % Current Assets 306.25 362.95 (56.70) (0.16) Non-Current Assets 223.69 686.61 (462.92) (0.67) Total Assets 529.94 1,049.56 (519.62) (0.05) Current

recorded a total loss of Baht 2,421 million, improved from 2018 that recorded a total loss of Baht 5,156 million. This is a result of the disposition of assets and investments in a total of Baht 3,533

services revenue (%) 31.18% 30.84% Performance Ratio Return on Equity (ROE) (%) 10.75% 11.18% Return on Assets (ROA) (%) 5.80% 5.91% Capital Structure and Debt Ratio Debt to Equity ratio (time) 0.83 0.84

Cash Equivalent Account Receivable, Inventory, and other Current Assets PP&E Non-Current Assets Other Liabilities Interest Bearing Debt Shareholders’ Equities As of December 31, 2018 THB 13,084 million

Ratios Return on Asset (%) 3.54 2.29 4.55 1.64 Return on fixed assets (%) 4.61 2.74 10.91 6.18 Financial Policy Ratios Debt to equity ratio (time) 1.00 1.25 1.15 1.50 Interest coverage ratio (time) 3.62

on Assets (%) 4.78 3.95 6.33 Return on Fixed Assets (%) 36.41 30.95 36.84 Asset Turnover (Times) 1.04 1.11 1.07 FINANCIAL POLICY RATIO Debt to Equity Ratio (Times) 0.26 0.27 0.27 Interest Coverage

since GSTEL is currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheets and improve their financial strength. Thus, the financial

subsidiaries had total assets of Baht 83,500.54 million. An increase of Baht 4,226.08 million from the end of prior year was mainly due to the additional investment in BEM and the investment in fixed assets