Financial Highlights

Total revenue
(Million Baht)
EBITDA
(Million Baht)
Net profit
(Million Baht)
Sales by segment (1Q2020)
Sales by geography (1Q2020)
EBITDA by segment (1Q2020)
EBITDA by geography (1Q2020)

(Million Baht)

Financial statement as of 2017 2018 2019 1Q2020
31/12/2017 31/12/2018 31/12/2019 31/03/2020
Statement of financial position and comprehensive income
Total assets 260,989 177,357 187,022 264,222
Total liabilities 194,350 110,030 146,063 200,587
Total equity 66,638 67,327 40,959 63,635
Total revenue 187,998 206,620 222,737 54,285
Revenue from sale of goods 168,043 180,614 195,355 48,631
EBITDA 19,631 24,994 25,814 5,879
EBITDA from continuing operations  19,363 25,123 25,814 5,879
Normalized EBITDA (1) 20,630 22,052 22,455 4,045
Net profit from continuing operations  7,534 11,105 12,359 890
Net profit 4,988 10,033 12,359 890
Normalized net profit (1) 8,548 8,648 9,016 1,104
Financial ratio
Gross profit margin (%) (2) 29.9 30.0 29.2 25.6
Net profit margin from continuing operations (%) 4.0 5.4 5.5 1.6
Normalized net profit margin (%) 4.5 4.2 4.0 2.0
ROA (%) (3) 3.1 5.1 6.8 4.1
ROE (%) (4) 12.0 16.6 22.8 16.9
Liabilities / equity ratio (times) 2.9 1.6 3.6 3.2
Net interest-bearing debt / equity ratio (times) 1.5 0.5 1.2 0.8

Remarks:

(1) In 2019, adjustment to earnings are net gain (loss) on foreign exchange, impairment gain (loss) disposal of investment, employee benefits, and insurance compensation.

(1) In 1Q2020, normalized items before tax was THB (133) mn and impact of TFRS 9 and TFRS 16 was THB (133) mn which is implemented in 2020 while normalized items before tax in 1Q2019 was THB (6) mn.

(2) Gross profit margin from sale of goods, rental services, and rendering of services.

(3) ROA = Net profit margin from continuing operations / Average total assets.

(4) ROE = Net profit margin from continuing operations / Average total equity.