Company‘s net profit increase. The Company’s Interest Bearing Debt to Equity Ratio was 2.20 times decreased from the ending of 2019 which equal to 1.68 times. This was a result of debenture issuance on 5

(IPO), including with cash received after deducted directly attributable expenses of IPO, the Group has total equity of 467.41 Million Baht lead Debt to Equity ratio (D/E) as of 31 March 2019 was 1.70

profit. Debt-to-Equity Ratio (x) 0.11 0.09 0.02 Slightly increase from incremental in account payable and other payable. For more information, please contact: Boontharika Boonkhum, Investor Relations Tel

the parent for the three-month period ended 31 March 2020 Key financial ratios o Debt to Equity ratio (D/E) as of 31 March 2020 was 2.03 times with similar to last year ended 31 December 2019. o

resulting in decreasing in debt to equity ratio. Furthermore, UWC was able to make a prepayment of the debenture by using proceed from the disposition transaction which helped UWC to decrease its interest

around US$2.2B in Mar21 and operating cash flow of US$201M in 1Q21, IVL is well positioned. During the quarter, net debt reduced by US$148M with improved performance. Our net operating debt to equity has

consumption recovery and the high household debt. The Company keeps focusing on house brand products to emphasize FN brand awareness and increase FN brand equity in a long run. The Company was able to maintain

EBITDA/t (US$/t)) 122 107 91 34% 105 86 22% Net Operating Debt to Equity 0.57 0.84 0.91 (37)% 0.57 0.91 (37)% Note: (1) Consolidated financials are based upon elimination of intra-company (or intra

Debt-to-Equity Ratio (x) 0.18 0.20 (0.02) Payment to suppliers resulted in lower total liabilities For more information, please contact: Boontharika Boonkhum, Investor Relations Tel: 02-300-4807, E-mail

equivalents used for operating activities Return on Equity (%) 0.97 1.89 (0.92) Decline from under performance Debt-to-Equity Ratio (x) 0.18 0.20 (0.02) Lower total liabilities as a result of suppliers payment