period (%) 13.7 14.1 Net profit margin attributable to owners of the parent (%) 13.8 14.0 Return on equity (%) – trailing 18.0 28.3 Return on assets (%) – trailing 12.8 15.8 Other Ratios Total debt to

percent, due to an increase in selling and administrative expenses excluding depreciation of 4.90 percent despite the increase in gross profit margin of 2.65 percent. Earnings Efficiency Return on Equity

the increase in selling and administrative expenses excluding depreciation but there was an increase in gross profit margin of 5.57 percent. Earnings Efficiency Return on Equity (ROE): The Corporate

, gross profit margin for rental and services stood at 3.4% and 35.3% respectively (2) Return on assets and return on equity are calculated based on net profit in the last twelve months (3) Interest bearing

Earning Ratio % 4.88 8.72 Debt to Equity Ratio Time 0.29 0.28 Return on Equity % 7.80 13.73 Gross Profit Ratio In 2017, the Company’s gross profit was 93.04 million baht, gross profit ratio was 15.60 % of

0.04 1.05 2,365.91 Income tax expenses (2.03) 1.86 (3.89) (209.14) Net profit (1.75) 15.77 (17.53) (111.16) Earnings before interest, taxes, depreciation and amortization (EBITDA) 17.06 33.63 (16.57

Ratio (x) 3.87 5.10 (1.23) Return on Equity (%) 11.04 14.53 (3.49) The lower ROE was a result of lower net profit for 9M17. Debt-to-Equity Ratio (x) 0.08 0.09 (0.01) The lower D/E ratio was a result of

leads to product development and finally expanding company business, increasing sales growth and profit return in the future Please be informed accordingly. Yours Sincerely, (Mr. Suchat Mongkhonaripong

Analysis (MD&A) Page 14 of 16 (1) In 2Q20 and 6M20, excluding non-recurring items and the impact of TFRS16, gross profit margin for rental and services stood at 3.4% and 35.3% respectively (2) Return on

) (%) 23.03% 18.58% 4.45% Return on Assets (ROA) (%) 13.95% 11.48% 2.47% Remark: * Calculated based on the number of issued and paid-up ordinary shares deducted by the number of treasury share GP = Gross Profit