Days Days 141 140 Accounts Payable Days Days 43 43 Cash Cycle Days 133 130 Leverage & Financial Policy Unit 31 Dec 2018 31 Dec 2017 Debt to Equity Ratio Times 0.74 0.62 Interest Coverage Ratio Times

in the 2nd quarter of 2019. The Company’s net profit has increased by 61.77 million Baht or 505.83%. Due to the increased in biodiesel sold since the Ministry of Energy has increased the proportion of

Q2/20 at 74% compared with 65% in Q2/19. The proportion of house brand products in H1/20 at 68% compared with 64% in H1/19, resulted in higher gross profits margin ratio. Proportion of other income to

interim dividend paid-out. As ending of Q3/2019, the Company’s total debt to equity ratio stood at 1.90 times while interest bearing debt to equity ratio was 1.70 times. Looking forward The Company’s

% in Q2 2016. The interest bearing debt to equity (D/E) ratio has increased, from 0.36 times in Q1 2017 to 0.69 in Q2 2017, due to increased borrowings to finance the investment in SGAH. The D/E ratio

2017 which mainly came form share premium increased from the last exercise of JMT warrant during the late of second quarter of 2018. The Company’s Debt to Equity Ratio is 1.21 times and the Interest

90 million, increased by Baht 15 million or 20% from Q3/2017 from the recognition as debt financing rather than asset of IRPC-CP after COD, and decreased by Baht 21 million or 19% from Q4/2016. This

financial cost of 11.47 million Baht, increase by 0.22 million Baht or an increase of 1.96% from the previous year. As of 30th Sep 2019, the Company had a Debt to Equity ratio of 1.65 times, an Interest

(ROE) ratio was 4.93% and Net Debt to Equity ratio was 0.18 as of 31 March 2019. (Unit : Baht million) 31 MAR 19 (quarterly) 31 DEC 18 (yearly) Change Total Assets 1,068.05 968.30 10.30% Total

49.34 17.69% Finance cost 49.11 68.10 18.99 38.67% Income tax expenses 48.04 57.52 9.48 19.73% Net profit 181.71 202.58 20.87 11.49% Net profit ratio (ROS) 17.16% 15.74% Earnings per share (Baht) 0.34