bearing debt. Liquidity ratios are high at over 3 times current liabilities. Operating Cashflow (EBITDA) was THB 2,546m in 2019 26% lower than THB 3,420m in 2018. EBITDA was THB 2.5 billion in 2019 and THB

year 2017, the subsidiaries repaid long- term loans USD 2 million and PhP 3.5 million Significant Financial Ratios Total liabilities were THB 4,214.1 million, increased by THB 535.3 million, or 14.6

-39.09 38.19 -77.28 -202.4% Cash and cash equivalents at end of period 57.69 84.49 -26.80 -31.7% 4. Financial Ratios Q3 2017 Q3 2016 Q1 to Q3 2017 Q1 to Q3 2016 Return on Equity (ROE) 7.34% 12.52% 13.68

. Liquidity The group has THB 9.7 billion in cash and financial investments with no interest bearing debt. Liquidity ratios are high at over 3 times current liabilities. Operating Cashflow (EBITDA) was 7

ratios - The Group has current ration as of 31 March 2019 was 1.19 times, which higher liquidities than last year ratio. Resulting from; 1) The value of current assets increased from cash received from IPO

(Days) Trade Receivable Period 75 70 Inventory Period ** 31 37 Trade Payable Period 51 49 Leverage Ratios (x) Interest Coverage 88.8 20.1 Debt Service Coverage 23.0 3.1 Total Debt to Equity 0.3 0.5

March 2020 compared to 31 December 2019: 4. Financial Ratios Note: 1) Net Debt = Interest bearing liabilities – cash and cash equivalents 2) Leverage Q1 and FY use annualized EBITDA for the previous 4

, nor maintaining financial ratios (Debt Covenant) of financial institutions or bill of exchanges. The Company has current total debt to equity ratio of 0.1 times, and have closely and cautiously manages

million baht. Significant transactions were from the repayment of long-term loans from financial institutions 12.5 million baht and repayment of lease liabilities of 5.3 million baht. 5. Financial ratios As

the parent for the three-month period ended 31 March 2020 Key financial ratios o Debt to Equity ratio (D/E) as of 31 March 2020 was 2.03 times with similar to last year ended 31 December 2019. o