40.32 percent, which was better than the target. Meanwhile, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As evidenced, the

, 2019, passed a resolution to sell 666,332,580 newly issued shares, at a par value of Baht 1 per share, to existing shareholders through a rights offering process, at a price of Baht 1.20 per share

million (THB 8.4 billion), -7% YoY, Core EBITDA margin 10%  Core Net profit after tax of $128 million (THB 4.0 billion), -27% YoY  Core Earnings Per Share of THB 0.67, -32% YoY  Operating Cash Flow of

of $304 million (THB 9.6 billion), -7% YoY, Core EBITDA margin 10%  Core Net profit after tax of $128 million (THB 4.0 billion), -27% YoY  Core Earnings Per Share of THB 0.67, -32% YoY  Operating

ordinary shares of 1,437,456,000 shares under IPO with a par value of THB 5.00 per share and IPO price at THB 5.20 per share. This capital raising will reduce interest bearing debt to equity ratio of both

) (149.44) 41.71 27.91% 6 Finance costs (14.56) (13.10) 1.46 11.15% Share of profit (loss) of associates (1.32) - 1.32 100.00% 7 Profit before income tax 104.50 78.33 26.17 33.41% Income tax (30.75) (19.28

Public Company Limited (“TSE”) of 181.75 million shares, which represents 10.01% of issued and paid- up shares of TSE at the total value of 925.11 Million Baht or 5.09 Baht per share to Miss Cathleen

% Administrative expenses (109.5) (15.3) (512.5) (29.3) 368.0% Finance costs (Interest expenses) (68.6) (9.7) (205.5) (11.7) 200.0% Other income 83.8 11.7 83.8 4.8 0.1% Share of profit (loss) from investment in an

3.81%.   Statement of Financial Position (Unit: Million Baht) Details 31 Dec 2019 31 Dec 2018 Increased (Decreased) % Assets Current assets Cash and cash equivalents 31.33 35.22 (3.89) (11.04) Trade and

% (1,690) (11.5%) Selling expenses 10,847 20.0% 11,266 21.0% (419) (3.7%) Administrative expenses 4,080 7.5% 4,025 7.5% 55 1.4% Share of profit of associates and joint ventures 65 0.1% 115 0.2% (49) (43.0