/ Financing Cost) which edged up to 120x as of 31 December 2017. Debt to Equity Ratio decreased to extremely low level. Please be informed accordingly. Yours sincerely, (Mr. Wachira Wudhikulprapan) Managing

, this risk was relatively low. Interest Coverage ratio (EBITDA / Financing Cost) edged up to 350x in this quarter from 61x yoy while Debt to Equity Ratio maintained at extremely low level. Please be

sales promotion expenses in the first quarter thanks to new products the Company introduced during the end of the past year. Consequently, sales expenses to sales revenue ratio edged up dramatically from

words in KAM sections but do not react to litigious, uncertainty, negative, and positive words in KAM sections. Given Thais’ unique beliefs of social harmony, “kreng jai” (Sriussadaporn- Charoenngam

shows that the Company significantly reduced sales expenses from the previous year to suit the decrease in sales revenue. However, sales expenses to sales revenue ratio edged up a little from 34.69% to

. Cost of goods sold to sales revenue ratio edged up slightly from 30.22% to 30.65 % as a result of the changing sales mix that each product line contributed to total sales. Table 6: Cost of Goods Sold by

292.87 million and THB 263.02 million respectively. This is equivalent to a decrease of 11.35% compared to the same period last year. In addition, sales expenses to sales revenue ratio edged up a little

edged up a little from 35.04% to 37.80% as the Company incurred marketing expenses from new products launched in October. Table 7: Sales Expenses by Type of Expenses for the Three Months Period Ended 30

ecosystem. This instability compromises the ability of humankind and nature to flourish in harmony. This challenge requires leading companies and brands like CHANEL to find a new way forward. The relationship

deliver excellent financial products and an unsurpassed service experience to all our customers. Meanwhile, KBank places equal importance on supporting functions which are in harmony with our business