2016/17 (Restated) 1Q 2017/18 Liquidity Ratios 1Q 2016/17 (Restated) 1Q 2017/18 Gross profit 1 (%) 59.1% 58.2% Current ratio (times) 0.9 0.8 Operating EBITDA (%) 70.9% 41.4% Quick ratio6 (times) 0.8 0.7

 Net debt to equity ratio as of 31 March 2018 stood at 0.34x, an improvement from 0.93x in 31 December 2017. Current ratio as of the same date stood at 3.09x, a significant improvement from 1.70x, both

investment 2,643 0.9% 2,128 0.7% Net debt to equity (times) 2.3 1.7 2.0 Trade receivable 14,179 5.0% 16,429 5.6% Net debt to EBITDA (times) 1.4 1.2 1.4 Inventories 3,951 1.4% 3,573 1.2% Current Ratio (times

payable to EBITDA 2.2 1.9 1.9 Current Ratio (times) 0.4 0.4 0.5 Interest Coverage (times) 15.7 15.8 14.7 Debt Service Coverage Ratio (times) 3.2 3.7 4.3 Return on Equity 32% 33% 33% Figures from P&L are

Baht 1,388.11 million and Baht 203.66 million respectively. Debt to Equity ratio as at 31st December and 31st March 2019 were 0.34 and 0.41 times respectively. The lower D/E ratio was due to lower

% 36.06% Debt/Equity Ratio 1.34 0.67 1.34 0.67 Net Debt/Equity Ratio 0.81 0.25 0.81 0.25 Leverage (Net Debt/EBITDA) 2.27 0.71 2.27 0.71

period 63.72 113.16 -49.44 -44% Q2 2018 Q2 2017 FY 2018 FY 2017 Return on Equity (ROE) 17% 16% 16% 16% Return on Assets (ROA) 8% 10% 7% 10% Return on Fixed Assets (ROFA) 35% 33% 32% 34% Debt/Equity Ratio

(ROFA) 28% 22% 31% 30% Debt/Equity Ratio 1.38 0.78 1.38 0.78 Net Debt/Equity Ratio 1.13 0.43 1.13 0.43 Leverage (Net Debt/EBITDA) 3.06 1.80 2.82 1.35

worth 142.11 million THB have been repurchased. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased from 0.41 : 1 to 0.68 : 1 and from

June 2017 2016 Liquidity Ratio Current Ratio (Time) 1.8 2.3 Quick Ratio (Time) 4.3 5.1 Collection Period (Day) 22.8 21.8 Stock Turnover Period (Day) 6.6 6.2 Payment Period (Day) 30.9 30.2 Profitability