increase. The Company’s Interest Bearing Debt to Equity Ratio was 0.96 times decreased from the ending of 2017 which equal to 1.21 times. Looking Forward The Company invested in Phoenix Insurance (Thailand
, nothing in this document should be construed as constituting legal, business, tax or financial advice. This material contains “forward-looking” statements that relate to future events, which are, by their
, completeness or correctness of the information contained herein. Further, nothing in this document should be construed as constituting legal, business, tax or financial advice. This material contains “forward
sales volume of OEM parts in this period. Moreover, loss on exchange rate decreased from the prior period since the Company has entered into the forward exchange contracts to reduce risks from the
herein. Further, nothing in this document should be construed as constituting legal, business, tax or financial advice. This material contains “forward-looking” statements that relate to future events
exchange rate also decreased compared to the prior period since the company has planned to hedge into the forward contracts to reduce the risks from the fluctuation of exchange rate. Finance Cost In the
equity ratio was 1.38 times while the interest bearing debt to equity ratio was 0.86 times. Forward Looking For the 2nd quarter of 2020, it is well known that due to the impact of the Covid-19 situation
interest bearing debt to equity is 0.68 times. Management Discussion and Analysis Q2/2020 Page 5/6 Forward Looking Q2/2020 is a significant adjustment for the Company's business under the COVID-19 situation
adopting new Thai Financial Reporting Standards (TFRS), TFRS No.9: Financial Instruments and TFRS No.16: Leases, in the current period financial statement by adjustment in brought-forward retained earnings
safe online. We appreciate the partnership with the SEC and look forward to working together to address the pressing issue the industry is facing." Based on the statistics on the reports received from