reversal of deferred tax assets. Financial Ratios Q2 2020 Q2 2019 Gross profit margin 18.9% 20.7% Net profit margin 8.5% 14.3% Debt to Equity ratio 0.18 0.10 Earnings per share 0.26 0.57 ROA 6.1% 12.2% ROE

WATTANAPAT HOSPITAL TRANG PUBLIC COMPANY LIMITED No. WPH – SET 2/2019 21 February 2019 Subject : Management Discussion and Analysis for the fiscal year ended on December 31, 2018. To : Directors and

unable to operate at its full capacity. Selling Expenses Selling expenses for the fiscal year 2018 were in the amount of Baht 75.20 million which increased by Baht 4.25 million or 5.99% from the previous

ทดสอบกระดาษหัวจดหมาย IRC 5 -Translation- November 22, 2019 Subject: Management Discussion and Analysis Fiscal Year 2019 To: Managing Director The Stock Exchange of Thailand Inoue Rubber (Thailand

expenses for the fiscal year 2017 were in the amount of Baht 70.95 million which decreased by Baht 1.54 million or 2.12% from the previous year. Such decrease was due to a decrease in travelling expenses and

. Total revenue from sale of goods in the number of 10,579.2 million Baht was increased by 972.1 million Baht or 10.1% from the previous fiscal year. The sale growth rates compared to the previous fiscal

), all due to the significant changes as follows: 1. Total revenue from sale of goods in the number of 2,672.4 million Baht was increased by 49.1 million Baht or 1.9% from the previous fiscal year. The

to consider and approve the statements of financial positions and the comprehensive income statements of the Company for the fiscal year ended December 31, 2018 which was approved by the Audit

sale of goods in the number of 9,607.12 million Baht was increased by 327.33 million Baht or 3.53% of the previous fiscal year. The sale growth rates compared to the year of the previous fiscal year are

changes as follows: 1. Total revenue from sale of goods in the number of 2,740.44 million Baht was increased by 369.28 million Baht or 15.57% from Q3 of the previous fiscal year. The sale growth rates