selling and administrative expenses of 3.59 percent. Earnings Efficiency Return on Equity (ROE): The Corporate Group’s ROE decreased from 27.62 percent as at end of 2017 to 27.12 percent as at March 31
MI) 2 (%) 25.6% 22.3% Average collection period7 (days) 80 58 Return on equity3 (%) 11.8% 20.1% Payable days (days) 98 143 Efficiency Ratios Leverage Ratios Return on assets4 (%) 9.8% 16.7% Liability
% Payable days (days) 97.6 107.2 Efficiency Ratios Leverage Ratios Return on assets (%) 8.5% 7.4% Liability to equity (times) 0.6 0.3 Return on fixed assets (%) 60.1% 72.7% Debt to equity (times) 0.3 0.1
administrative expenses excluding depreciation of 3.68 percent despite the increase in gross profit margin of 1.56 percent. Earnings Efficiency Return on Equity (ROE): The Corporate Group’s ROE increased from
strategy to focus on creating a brand of restaurant with efficiency and high potential as well as managing the franchise professionally; (2) To create the opportunity to boost revenues and appropriate rate
collection period (days) 88.4 100.7 Return on equity (%) 34.8% 12.4% Payable days (days) 97.6 62.2 Efficiency Ratios Leverage Ratios Return on assets (%) 8.7% 7.0% Liability to equity (times) 0.6 0.3 Return on
percent, due to an increase in selling and administrative expenses excluding depreciation of 4.90 percent despite the increase in gross profit margin of 2.65 percent. Earnings Efficiency Return on Equity
biomass increase by Baht 7.5 million as a result from improving of production efficiency, lead to an increase in electricity unit produced for the nine-month period for 2019 comparing to 2018. For Natural
order to maintain the unit’s efficiency coinciding with the Company’s crude run plan, while other units in the refinery were still operating as normal. 8 Management Discussion and Analysis of Business
to change the image of the brand, prospect customer and planned to change marketing strategy together with the management way for better efficiency. Therefore, the Company sold the right to claim of