Costs In 2018, the Company had total interest paid of 810 million Baht, a decrease of 166 million Baht or 17% as compared to 2017. The decrease in finance cost was due to repayments in various of debt

. 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

Profit Margin -51.05% -12.37% Debt to Equity Ratio (Time) 1.97 1.78 Total Expenses The 3-Month Operating Result as ended 30 June 2018 Construction Income In the 2nd quarter of 2018, the company and its

31% as compared to the same period last year of 260 million Baht. This was due to continuous effort in debt repayment in forms of Bill of Exchange, debentures and financial institution loans. The

As at 30 June 2020, comparing with last year, the Group has significant financial ratios as following; o Debt to Equity ratio (D/E) as of 30 June 2020 was 2.10 times. A little bit increased compare

million, and (3) leases liabilities of THB 275 million, according to the adoption of IFRS 16 Leases standard. The Company’s interest-bearing debt, in exclusion of leases liabilities, were THB 3,372 million

to 10.36636 billion THB. 4 As a result of the above reasons, the interest-bearing debt to equity ratio and the debt-to-equity ratio have increased from 0.82:1 to 0.91:1 and from 1.00:1 to 1.14:1 as of

December 31, 2019. Debt to equity ratio also increased to 1.2 from 0.7 times as of December 31, 2019, accordingly. Yours sincerely, Pongsarn Klongwathanakith (Pongsarn Klongwathanakith) Chief Financial

% or THB 67mn from THB 641mn as of 31 March 2020, which was mainly from the provision for doubtful debt and cash received. The average collection period as at the end of this quarter was 107 days

2019 D/E RATIO (Times) 1.06 1.30 Net Debt/EBITDA (Times) 3.58 4.43 Please be informed accordingly Yours sincerely, -Signature- (Miss Nilrat Jarumanopas) Chief Financial Officer Authorized to sign on