the Company will repay the short-term debts with high interest rate and the debts that have assets of the Company as the collateral first. 7.3 The asset disposal above helps reduce the risk from the

Interest, Tax, Depreciation and Amortization (EBITDA) In 2019, the Company has earnings before interest payable, tax, and depreciation (EBITDA) pursuant to the Financial Statements in the amount of THB 691

, the interest bearing debt to equity ratio and the debt to equity ratio have increased from 0.35 : 1 to 0.46 : 1 and from 0.50 : 1 to 0.73 : 1 as of 31 December 2016 and 30 June 2017 respectively. Cash

625.70 million THB or 270.35%. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased from 0.35 : 1 to 0.49 : 1 and from 0.50 : 1 to 0.69

the industry has decreased. Moreover, the expansion of the unemployment rate has led to a decrease in the purchasing power of real estate. However, the company has adjusted by changing the room for sale

to lower household income, sharp decline in employment, particularly in export-related manufacturing sectors, and high rate of household debt. Despite the government economic stimulus, the impact of

of THB 897 million from the corporate income tax in 2007, 2009 and 2010, including the interest income from the tax return in the amount of THB 401 million. 5 | Management Discussion and Analysis of

with all customer groups and to propose complete financial products and services to meet demand of each customer group. The bank shall consider loan type, interest rate, credit type, repayment period

and to propose complete financial products and services to meet demand of each customer group. The bank shall consider loan type, interest rate, credit type, repayment period suitable for each customer

. 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