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ratio in the optimal level. As of 31 December 2019, the ratio was 1.32x. During the past 4 years, MK Group was able to improve its gross profit margin continuously and increase the service income over
increasing 34%. Along with this acquisition the start-up of kiln 7 also contributed additional capacity which was particularly significant during the peak sugar season and also gave us the room to take
increase the normal capacity during off peak power usage in 4th Quarter of 2017. - Gain from debt restructuring was achieved of THB 734 million some portion resulting from debt-to-equity conversion scheme in
for producing of HRC to increase the normal capacity during off peak power usage in 4th Quarter of 2017. - Gain from debt restructuring was achieved of THB 734 million some portion resulting from debt
56-2 Ranking CBG CARABAO GROUP PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking CPH CASTLE PEAK HOLDINGS PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking CAZ CAZ
activities in 2018, as did the year 2017. The optimal capital structure The Company had Debt to Equity ratio 0.13:1 times, higher than that of 2017, 0.11:1 times, indicating low relative proportion of debt and
-bearing debt and net gearing ratio afterwards. Nevertheless, the Company determines to maintain an optimal capital structure by lowering leverage level which will ultimately reduce debt ratio. Unit: THB