stipulated in statement of cash flows divided by net profit of the preceding year. 9 Interest bearing debt to equity ratio is calculated from debt issued and borrowing divided by shareholders’ equity (average

flows divided by net profit of the preceding year. 9 Interest bearing debt to equity ratio is calculated from debt issued and borrowing divided by shareholders’ equity (average) 10 Cash collection from

production. Headline inflation in the third quarter of 2019 was 0.61 percent on average. During the first nine months of 2019, headline inflation averaged at 0.81 percent, which is lower than the Bank of

4.71 Average debt collection days 83 79  Current ratio was 5.54 times, lower than that of the year 2017 which was 7.63 times, due to purchasing raw materials increased.  Quick ratio was 3.38 times

last year and also in fixed costs related to production maintenance cost increased due to the earlier than expected improvement projects on the kilns. However, maintenance has normalized and the average

or 1.3 percent, mainly from the increase in toll revenue from the Si Rat-Outer Ring Road Expressway Project (SOE). In the year 2019, SOE average traffic volume was at 64,253 trips/day representing an

compared to the same period of a year earlier, the main reason is the increasing in sales of stainless steel sheets, coil and pipe. The average selling price has risen from the previous year, in line with

which had average traffic volume in the second quarter of the year 2017 at 47,600 trips/day. For the First Stage Expressway (FES) and the Second Stage Expressway (SES), toll revenue increased from the

of the previous year by Baht 181 Million or 7.6 percent. The increase in toll revenue amounted to Baht 166 Million was from the SOE which operated in August 2016 which had average traffic volume in the

this year contributed higher gross profit margin than the previous average level. Jan – Sep 2017 For the nine-month period ended 30 September 2017, gross profit of the Group was THB 349.04 million or