asset under TFRS 16. 2. Accrued dividend increased by THB 205 million due to the approval the Company’ s Board of Directors on March 27, 2020. 3. Accounts payable and other accounts payables decreased by

of days of inventory 36 32 Collection period (days) 49 43 Accounts payable (days) 50 43 Profitability Ratios Gross profit margin (%) 35.4 34.8 EBITDA margin (%) 20.8 21.0 Net profit margin for the

payables, trade and others 368.07 17.38% 516.82 22.03% Income tax payable 6.64 0.31% 20.12 0.86% Other current liabilities 9.76 0.46% 8.56 0.37% Total current liabilities 440.19 20.78% 637.75 27.19% Non

22.2%. The decrease was due to income tax paid of 18.5 million Baht and repayment some trade accounts payable. (2.2) Non-current liabilities as of December 31, 2019 amounted 105.7 million Baht compared

others 495.36 21.88% 516.82 22.03% Income tax payable 17.48 0.77% 20.12 0.86% Other current liabilities 5.59 0.25% 8.56 0.37% Total current liabilities 578.92 25.57% 637.75 27.19% Non-current liabilities

% 0.00 0.03% Current portion of lease liabilities               60.80 2.38%           69.56 2.69% 8.76 14.42% Income tax payable              78.14 3.06%           12.29 0.48% (65.85) (84.27%) Short-term

and its subsidiaries has Total Liabilities in the amount of THB 57,658 million, decreased by THB 4,321 million, changes in liabilities were as follow:  Trade Accounts Payable decreased by THB 3,467

Dividend payable. This table mainly presents items that has significant changes. Unit: Baht in Million Q1/2019 Q4/2019 Q1/2020 % Inc. (dec.) yoy qoq Total Liabilities 62,573.00 78,724 82,455 31.8 4.7 Accrued

4.67 Average collection period days 75 77 77 Inventory turnover times 4.78 4.90 5.13 Average inventory turnover period days 75 74 70 Account payable turnover times 5.42 5.21 5.00 Average payment period

payable and other payables increased. Return on Equity (ROE) The 103.65 million Baht net profit is 11.08% of shareholders’ equity that is higher than that of the year 2017 having 4.85% 3 Asset management