Ended December 31, 2018 Page 16 5. Significant Financial Ratios (Excluded the Effect of Foreign Exchange Rate) 1) Current Ratio (Times) 2.22 2.44 2) Profit to Total Revenue (excluded fuel costs) (%) 43.53

) 33,874 6.45% (12,600) 3.13% 46,474 368.84% Income tax income (expenses) 2,911 0.55% (667) 0.17% 3,578 536.43% Profit (loss) for the period 36,785 7.01% (13,267) 3.30% 50,052 377.27% Remark: Financial ratio

months of 2017 with the gross margin of 16.33% and 19.88% respectively. In the first nine months of 2017, gross margin ratio of turnkey business is increased compared to the same period of last year

due to THB appreciation against EUR and GBP • Net debt to equity ratio as of 30 June 2019 was 0.56x, comparing with 0.55x at the end of last year SIGNIFICANT EVENTS 4 major renovation works of Vienna

ratio was also close to the target, at 43.96 percent. At the same time, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As

is related to Thai Financial Reporting Standard No. 16 (TFRS 16) Liquidity and Capital Structure As of 31 March 2021, the company had a current ratio of 0.86, increased from 0.82 at end of 2020. This

further business expansion from rapidly growth of demand for loans and comply with the new requirement of D/E ratio issued by Financial Regulatory Department (FRD) in Myanmar. Details of Capital Injection

Page 14 6. Significant Financial Ratios (Excluded the effect of foreign exchange rate) 2017 2016 1) Current Ratio (Times) 1.96 1.76 2) Profit to Total Revenue (excluded fuel costs) (%) 47.65 46.06 3

ratios (excluded the effect of foreign exchange rate of the Company and subsidiaries) 2019 2018 1) Current Ratio (Times) 2.72 2.31 2) Profit to Total Revenue (excluded fuel costs) (%) 49.59 52.35 3) Return

healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.10 times. 2018 Outlook Maintain 2018 forecast, yet adjust down new hotels opening • Despite Boat