investment in last year. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.56 times. 2019 Outlook Company maintains 2019 outlook
liquidity ratio was 1.35 times. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.09 times. 2019 Outlook 2018 was the final
trademark and the commission of product sales at 2% of sales under brand “DURO” that Hwa Fong Rubber Industry Company Limited is supplying customers And 1% from technical service fee . Which is a normal
and small business loan. Although, the non-performing loans affected profitability, but the Thai commercial banking system still remained sturdy. Credit Rating Land and Houses Bank Public Company
loan. Although, the non-performing loans affected profitability, but the Thai commercial banking system still remained sturdy. Credit Rating Land and Houses Bank Public Company Limited is assigned the
potential. For trademark and the commission of product sales at 2% of sales under brand “DURO” that Hwa Fong Rubber Industry Company Limited is supplying customers And 1% from technical service fee . Which is
บริษัท ผาแดงอินดัสทรี จำกัด (มหาชน) และบริษัทย่อยบริษัท ผาแดงอินดัสทรี จำกัด (มหาชน) และบริษัทย่อย Padaeng Industry Public Company Limited and its subsidiaries
Management Discussion and Analysis (MD&A) Padaeng Industry Public Company Limited and its subsidiaries For the year ended December 31, 2019 1 | Padaeng Industry Public Company Limited and its
No. ACC 05/2017 KHON KAEN SUGAR INDUSTRY PUBLIC CO., LTD 503 K.S.L. TOWER, 9th FLOOR, SRIAYUDHYA ROAD, RAJATHEVI, BANGKOK 10400 14 September 2017 SUBJECT EXPLANATION FOR THE CHANGE IN FINANCIAL