. However, Return on Equity slightly declined from 14% to 13.7% due to lower debt and more reliance on internal operating fund. From the financial risk perspective, debt to equity ratio decreased from 0.5x to

2033 3,000 *Including bridge loan for financing TTTBB’s deal. Credit Rating Fitch National rating: AAA (THA), Outlook: Stable S&P BBB+, Outlook: Stable Key Financial Ratio 1Q23 4Q23 1Q24 Debt to equity

issued shares of MACO, therefore, the Company uses only 69.62 percent of the total value of consideration (equivalent to the shareholding ratio of third-party shareholders of MACO) in calculating the

in the registration statement; i. Debt Securities Holders Representative Appointing Agreement; and j. Terms and conditions. k. Disclose key financial ratio (Refer to Notification of the Capital Market

-to-equity ratio of 2.97 times and the interest-bearing debt to equity ratio of 2.61 times. Forward Looking The Company's operation has been continuing to set goals for the sustainability of the

from bond issue on August 2017. Net Interest-bearing Debt in 3Q2017 was Baht 7,589.7 million, decrease from Baht 10,292.9 million in 3Q2016 presenting the Net Interest-bearing Debt-to-Equity ratio of

72.2 baht per share as of February 28, 2019. Debt to Equity ratio as of February 29, 2020 at 3.6 times decreased from 3.8 times at the end of 2018. Return on Equity (ROE) and Return on Asset (ROA) for

standard (TFRS 16). Consequently, Book value as of August 31, 2020 was 60.4 baht per share, decreased from that of 82.9 baht per share as of February 29, 2020. Debt to Equity ratio as of August 31, 2020 was

year 2018. Consequently, book value as of November 30, 2019 was 79.6 baht per share, increased from 72.2 baht per share as of February 28, 2019. Debt to Equity ratio as of November 30, 2019 at 3.7 times

at August 31, 2022 was 86.1 baht per share, increased from 79.6 baht per share as of February 28, 2022. As at August 31, 2022, Debt to Equity ratio stood at 3.3 times decreased from 3.5 times at the