31 December 2019, the Company’s Debt-to-Equity ratio was 0.95x, increased from 0.69x at the end of 2018. The Net Interest-bearing Debt-to-Equity ratio was 0.81x at the end of 2019, increased from 0.58x

from Baht 14,049.3 million at the end of 2018, mainly decreased from adopting new accouting standard (TFRS 15) in Retained Earnings. As at 31 December 2019, the Company’s Debt-to-Equity ratio was 0.95x

-Jun-1831-Dec-17 Cash and Equivalents Inventory Other Current Assets Other Non Current Assets PP&E 51,12151,890 3,5233,470 37,64236,857 24,74621,651 30-Jun-1831-Dec-17 Current Liabilities L/T Debt

. Financial Ratios (continue) Leverage Ratio and Liquidity Ratio 2018 2017 Change Increase/(Decrease) Debt to equity ratio (Time) - Consolidated 1.05 1.31 (0.26) - Company 0.80 0.80 - Book value per share (Baht

and non- controlling interest of subsidiary stood at Baht 1,414.78 million and Baht 208.03 million respectively. 7 Debt to Equity ratio as at 31st December and 31st March 2018 were 0.45 and 0.40 times

net profits for the company and its subsidiaries was Baht 37.30 million or decreased by 18.75 million which was -33.5 percent, the results for the current three-month period was better when comparing to

, the Company believes it is rationale to conclude the exchange ratio shall be derived from the current book value as at March 31, 2017 with a premium of 27.6% or equivalent to additional of 1.19 shares

17,58521,651 31-Mar-1831-Dec-17 Current Liabilities L/T Debt (included current portion of L/T debt) Non Current Liabilities Total Equity 114,110 109,391 114,110 109,391 Management Discussion and Analysis of

Debt / Equity (IBD/Equity) 0.7 0.6 0.6 0.5 0.5 Return on equity (ROE) and Return on assets (ROA) as of Q1 2024 were at 12.6% and 5.2% respectively. Interest bearing debts to equity (IBD/Equity) ratio

foreign exchange rate) 2017 2016 1) Current Ratio (Times) 2.22 2.06 2) Profit to Total Revenue (excluded fuel costs) (%) 41.28 32.95 3) Return on Equity ** (%) 10.94 9.81 4) Return on Assets ** (%) 7.06