12.11 million baht. Financial Ratios Ratio unit 31 Dec 16 31 Dec 17 Liquidly ratio Time 2.91 2.36 Net profit ratio % (14.34) (16.89) Return on equity ratio % (5.07) (5.19) Return on asset ratio % (4.08
including the consolidated financial statements of the Company and its subsidiaries for the first quarter ended 31st March 2019. The Company reported consolidated profits (attributable to equity holders of
the performance and the financial status for the year 2019 ended December 31, 2019 of the Company and its subsidiaries, as shown below: (Unit : Thousand Baht) 2019 2018 Change %Change Revenue 910,707
1,727.5 million, decreased of Baht 488.0 million, due to decreased sales volume of Particleboard. Financial status Total assets As of 30 June 2020, the company and its subsidiaries have the total assets
Earth Tech Environment Public Company Limited 11th November 2020 Subject Management Discussion and Analysis Financial Performance for the quarter ended 30th September 2020 To President The Stock
assets5 (%) 43.2% -47.0% Debt to equity (times) 0.3 0.3 Asset turnover (times) 0.8 0.4 Remark: Financial ratios were calculated based on The Stock Exchange of Thailand’s formula. MANAGEMENT OUTLOOK The
analysis report of the financial positions and result of business operations differences more than 20% compare to the previous year. To : Board of Governors and the President of The Stock Exchange of
Group has adopted the new Thai Financial Reporting Standards (TFRS) no. 15, Revenue from contracts with customer. The adoption of TFRS 15 mainly affects the Group’s accounting treatment cause the Group
10.31425 billion THB, increasing 10.46% and 24.04% from 2018 respectively. The financial liquidity has efficiently been managed, therefore, the interest bearing debt to equity ratio and the debt to equity
interest and taxes (EBIT) 32.79 107.16 (74.37) (69.40) Financial costs 0.72 0.13 0.59 453.85 Income tax expenses 2.86 20.81 (17.95) (86.26) Net profit 29.21 86.21 (57.00) (66.12) Earnings before interest