expected that Dolsiri Development, the joint-stock company, would be profitable and LPN will earn a profit from the divided received from the project. 8. Source of Funding The source of funding will be the

ventures which are on construction period. And will start to recognize revenue in 2020 onwards, which will make the Group profitable in the future. IV Finance Costs Comprising interests from bank loans

expected to be profitable in the near future. Please be informed accordingly, Sincerely yours, Mr.Vee Worasakyotin Managing director

expected to have a better performance and be profitable in the near future. Please be informed accordingly. Sincerely yours, Mr. Nipit Arunvongse Na Ayudhya Acting Managing director

condition which drove higher competition in the market, resulting in cancelation of our cement powder transportation as it is evaluated to be non-profitable. The company adjusts its strategy and shareholder

Verita has the ability to perform business which will be profitable in the future and can be used for loan repayment. For another 2 borrowers, BBW and DDAT who are not connected persons, the Company has an

was able to turn profitable for the full-year operations in 2020. Demand for automotive parts continues to recover both locally and globally starting from the end of Q3 2020 and this momentum continues

agreements of Riau Combined-Cycle Power Plant Project in the Republic of Indonesia On March 20, 2019, PT Medco Ratch Power Riau, an indirect joint venture that the Company held a 49 percent stake through RH

financial statement of the Company ending 31 December 2019 Page 6 of 7 8. Rationale and benefits Best position to lead in the 5G technology cycle This spectrum acquisition marks an important execution for AIS

Days Days 141 140 Accounts Payable Days Days 43 43 Cash Cycle Days 133 130 Leverage & Financial Policy Unit 31 Dec 2018 31 Dec 2017 Debt to Equity Ratio Times 0.74 0.62 Interest Coverage Ratio Times