the company’s liquidity to payment on short-term liability was still high. While Debt to Equity ratio of the Group and Interest Bearing Debt to Equity ratio was 0.86 times and 0.24 times, consequently

Subdistrict, Klongtoey District, Bangkok, 10110 Tel. 0 2204 2601 Fax. 0 2204 2616 lack of budget allocation and prioritizing, which adversely affect the determination of budget allocation for each marketing

Company considered that such effect may result from the lack of strategic planning and marketing operational plan. Especially, there was a lack of budget allocation and prioritizing, which adversely affect

the plan. The Company considered that such effect may result from the lack of strategic planning and marketing operational plan. Especially, there was a lack of budget allocation and prioritizing, which

plan. The Company considered that such effect may result from the lack of strategic planning and marketing operational plan. Especially, there was a lack of budget allocation and prioritizing, which

million. Total non-current assets decreased by 5% from the year ended 2018. • Total Liabilities As of 31 December 2019, the Company has total liability amounting to THB 2,194 million. Total current

at December 31, 2019 was 1.64 times, an increase from the end of year 2018, due to an increase in current assets of 3.25 percent and decrease in current liability of 7 percent and the quick ratio of

days (days) 100.8 149.1 Efficiency Ratios Leverage Ratios Return on assets4 (%) 12.2% 8.5% Liability to Equity7 (times) 1.6 1.5 Return on fixed assets5 (%) 75.8% 60.1% Debt to equity8 (times) 1.0 0.9

Group’s current ratio as at March 31, 2019 was 1.94 times, an increase from the end of year 2018, due to an increase in current assets of 4.07 percent and decrease in current liability by 20.44 percent and

- current assets is mainly due to the depreciation for property, plant and equipment.  Total Liabilities As of 31 March 2019, the Company has total liability amounting to THB 4,359 million which is divided