return to shareholder, the management has formulated business strategy and implemented group restructuring to streamline the business and enhance flexibility, which attributable to well-achieved

Board of Directors approved the strategy of operating our business as a Bank of Sustainability under appropriate risk management and good corporate governance, while maintaining a balance in economic

segment increased Baht 3.85 million or 15.61 per cent from the same period of last year. Due to the adjustment the business strategy to focused on the large project. and the quality of service and products

เนื่องจากตลาดการเงินทั้งในและตางประเทศมีการพัฒนามากขึ้น โดยมีการออกดัชนีกลยุทธ การลงทุน (investment strategy index) ซ่ึงสํานักงานเห็นวา การลงทุนผานดัชนีดังกลาวที่เกดิจาก สินคาหรือตัวแปรที่เปนทรพัยสิน

economy, and the ongoing geopolitical tension. Although many risks are emerging, we believe that within these risks there are still opportunities for us, which we will adjust our business strategy soundly

after commissioning of OSP’s new beverage manufacturing lines. - Q1’20 Energy drinks market grew at 0.6% YoY, where OSP recorded the market share at 54.0%, aligned with our mid term strategy. M-150 gained

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

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

1,989 0.7% 1,829 0.5% Net debt to equity (times) 1.4 0.9 1.3 Trade receivable 16,277 5.6% 16,768 4.7% Net debt to EBITDA (times) 1.0 0.7 1.0 Inventories 4,828 1.7% 2,669 0.8% Net debt & lease liability

of 13.92 percent but current liability was equivalent to the end of year 2017 and the quick ratio of 0.74 times, which increased from the end of year 2017, due to an increase in inventory by 14.42