. As of December 31, 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.31 times as a result of lower debts and higher equity. Shareholders' Equity As of December 31, 2017, shareholders

interest expenses in 2017 was Baht 14.3 million, or 4.26% decreased from Baht 15.0 million of 2016. This was due to lower short term loan requirement level in the second half of 2017 resulting from the lower

50.28 25.89% Gross profit margin 15.47% 13.76% Other income 5.33 4.73 Selling expenses 3.36 9.99 (6.63) -66.39% Administrative expenses 111.43 108.51 2.92 2.69% Earnings before interest and tax 135.08

Protection Law which had been effective in this quarter. The interest expenses in Q2/2019 was Baht 3.3 million, or 17.43% increased from Baht 2.8 million of Q2/2018. This was due to higher short term loan

baht, an decrease by 186.1 million baht from the end of 2018 which as a result of dividend payout from retain earning of the Company. The Company’s Debt to Equity Ratio is 1.94 times and the Interest

project management 195.2 4.7 280.0 8.4 84.8 43.4 Dividend income - - 0.3 - 0.3 100.0 Gain from transfer of right for land purchase and sale agreement 312.0 7.5 - - (312.0) (100.0) Gain on disposals of

cost of inventory to net realizable value amounting of Baht 3.0 million in Q2/2017, whereas there was no such transaction in Q2/2018. The interest expenses in Q2/2018 was Baht 2.8 million, or 28.43

. In addition, there was a reversal of reduction cost of inventory to net realizable value amounting of Baht 2.5 million in Q3/2018. The interest expenses in Q3/2018 was Baht 2.8 million, or 18.16

NAIKLONGBANGPLAKOD, PHASAMUDJADEE, SAMUDPRAKARN 10290 Tel. 02-816-9315 Fax. 02-816-9315 #444 For the financial cost which increased amount THB 1.4 MB, most of which increased from interest from bank loans. The Company

second quarter, the worker fluctuation caused the unrealized loss from investment in listed securities, but the Company still received higher dividend compared to the previous year.  The Company