% 28.3% 19.7% Working Capital Management (Days) Trade Receivable Period 62 63 62 62 Inventory Period ** 41 44 40 44 Trade Payable Period 51 51 52 51 Leverage Ratios (x) Interest Coverage 5,075.2 27.3 113.7

Director Ratio Analysis : Consolidated Financial Statements 1Q 1Q Unit : THB million 2019 2018 Returns (%) Return on Assets * 4.4% 3.1% Return on Equity * 5.6% 3.6% Working Capital Management (Days) Trade

2019 Returns (%) Return on Assets * 15.5% 10.9% Return on Equity * 18.6% 13.7% Working Capital Management (Days) Trade Receivable Period 71 74 Inventory Period ** 42 31 Trade Payable Period 53 51

% 37.9% Return on Equity * 22.4% 47.6% Working Capital Management (Days) Trade Receivable Period 62 74 Inventory Period ** 40 37 Trade Payable Period 46 46 Leverage Ratios (x) Interest Coverage 3,923.2

Wongwaen—Hathairat) thus increasing The Group revenue recognitions even more. 2. Revenues from project management, in the period of the six-month period ended June 30th,2019, accumulated amount of 422.7

, Kensington Kaset Campus, Park24 Ph.2) thus increasing The Group revenue recognitions even more. 2. Revenues from project management, in the period for nine-month ended September 30, 2018, accumulated amount of

(Notting Hill Sukhumvit 105, B-Loft Sukhumvit 107 A, and B-Loft Lite Sukhumvit 115 A) thus increasing The Group revenue recognitions even more. 2. Revenues from project management, in the period for year

Sathorn” in Quarter3/2019. 2. Revenues from project management, in the period of Quarter3/2019, amount of 358.4 million baht, or 9.9% from the total revenues, decrease of 75.3 million baht, or 17.4

decreasing of net profit ratio only 9.3% less than the decreasing of revenue ratio. 2. Revenues from project management, in the period for year ended December 31, 2019, amount of 918.9 million baht, or 6.5

type : The Company or Subsidiary has entered into the property management contract with LHPF for the period of 3 years (April 1, 2018 to March 31, 2021) and can be renewed for another three-year period