from mobile airtime expense. Debt to Equity ratio increased to 2.47 which increased from 2Q18, mainly from a decrease of shareholders’ equity from interim dividend payment; meanwhile, total liabilities

December 2019 Increase (Decrease) % Net Assets 6,213 5,885 328 5.57 Net Liabilities 2,433 2,076 357 17.20 Shareholders’ equity 3,780 3,809 (29) (0.76) Assets As at December 31, 2020, the Company and its

result of the Company and its subsidiaries in the first quarter of 2019 showing net loss Baht 24. 52 million resulting in a decrease in shareholders’ equity. Page 3 of 3 Yours sincerely, General

decrease in employee. Shareholders’ equity As at September 30, 2020, the shareholders’ equity of the Company and its subsidiaries were Bath 3,626 million, decreased by Baht 183 million or 4.80% from 31

benefit obligation was decreased by Baht 23.65 million due to decrease in employee. Shareholders’ equity As at June 30, 2020, the shareholders’ equity of the Company and its subsidiaries were Bath 3,714.71

payables following the sales’ decrease. Accordingly, the total shareholders’ equity amounted to 3,538.45 million baht, decreased by 57.85 million baht. These represented the Company’s book value per share at

, 2018. The details were as follows: (Million Baht) Sep 30, 2019 Dec 31, 2018 Increase (Decrease) % Liabilities 37,980.05 41,315.88 (3,335.83) (8.1) Equity 58,576.57 59,936.02 (1,359.45) (2.3) Total

follows: (Million Baht) Jun 30, 2019 Dec 31, 2018 Increase (Decrease) % Liabilities 39,550.93 41,315.88 (1,764.95) (4.3) Equity 59,605.09 59,936.02 (330.93) (0.6) Total Liabilities and Equity 99,156.02

13% to 13% and 20% yoy. It was driven by the outstanding profit for the Company and its subsidiary. In addition, the significant improvement of return on equity was from the decrease of shareholders

was driven by the outstanding profit of the Company and its subsidiary. In addition, the significant improvement of return on equity was from the decrease of shareholders’ equity as mentioned above. For