gross profit margin of 1.68 percent. Earnings Efficiency Return on Equity (ROE): The Corporate Group’s ROE decreased from 21.16 percent as at end of 2017 to 20.78 percent as at December 31, 2018 or a

acquisition of Saraburi Quicklime and the efforts of the team to successfully integrate the business and improve its efficiency brought both top-line and bottom-line growth. The increased capacity and market

focus on the large project since last year including with the quality of service and products which can meet efficiency the customer needs that made the Company got purchase order from large project such

days (days) 138 126 Efficiency Ratios Leverage Ratios Return on assets4 (%) 10.2% 5.1% Liability to Equity (times) 0.4 0.6 Return on fixed assets5 (%) 58.4% 29.7% Debt to equity (times) 0.0 0.2 Asset

raw material and packaging items, as well as improving efficiency from modern production technology ranging from glass bottle, aluminum can to bottling and canning plants which enabled the economies of

growth in comparison to admin expense growth. • In 2019, net profit was THB 237 million which increased by THB 90 million or 61% from 2018, due to operational efficiency and economies of scale of operating

percent despite the increase in selling and administrative expenses excluding depreciation of 12.13 percent. - 4 - Earnings Efficiency Return on Equity (ROE): The Corporate Group’s ROE increased from 20.78

Public Company Limited Future operating trends The Company remains committed to maintaining its leadership in the healthcare industry by focusing on the development of quality, efficiency, and responding

days (days) 100.8 149.1 Efficiency Ratios Leverage Ratios Return on assets4 (%) 12.2% 8.5% Liability to Equity7 (times) 1.6 1.5 Return on fixed assets5 (%) 75.8% 60.1% Debt to equity8 (times) 1.0 0.9

six months ended June 30, 2017, primarily due to high efficiency of our new power plants became commercial operation in recent years Normalized net profit (NNP)  Normalized net profit increased 11.8