of cash and current investments from IPO proceeds. Debt to equity ratio was at 0.3 times. Unit: THB million Osotspa Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated

debt to equity ratio was 0.42 time and the consolidated net debt to equity ratio was considerably low at 0.27 time. Financial Highlights 1Q 2018 1Q 2017 Change THB million % Sales THB million % Sales THB

Group, as at June 30, 2019, the consolidated debt to equity ratio was 0.42 time and the consolidated net debt to equity ratio was considerably low at 0.26 time. Overall Financial Performance and

EPS of THB 0. 26 per share, or 42.48% up from 1Q2019. For capital structure of the Group, as at March 31, 2020, the consolidated debt to equity ratio was 0.40 time and the consolidated net debt to

253,057,075 and total liabilities in the amount of THB 1,214,696,854 and the debt to equity ratio according to the consolidated financial statement of the Company at approximately 5.3, comparing with the

, showing strong liquidity position and financial stability. Debt to equity ratio was at 0.4 times. 2,819 3,149 1,965 99 (1,734) Beginning cash and cash equivalents (31 Dec 2019) Net cash from operating

Interest on deposits 811 578 233 40.2 Interest on interbank and money market items 56 40 16 38.9 Interest on debt issued and borrowings 245 299 (54) (18.0) Fees and charges on borrowings 2 4 (2) (44.0) FIDF

liquidity status. Net debt to EBITDA rose up from 2.0X in FY22 to 2.9x and remained manageable despite new debt incurred for the acquisition deal. The interest coverage ratio remains healthy at 13x. In FY23

market items 40 21 19 89.4 Interest on debt issued and borrowings 299 299 1 0.2 Fees and charges on borrowings 4 1 3 349.5 FIDF and DPA fees 210 184 26 14.3 Others 12 9 2 23.9 6 Net interest income

interbank and money market items 40 21 19 89.4 Interest on debt issued and borrowings 299 299 1 0.2 Fees and charges on borrowings 4 1 3 349.5 FIDF and DPA fees 210 184 26 14.3 Others 12 9 2 23.9 6 Net