Financial Performance (THB million)
Financial Position (THB million)
Unit: THB million
|Key Financial Ratio|
|Gross margin (%)||62.13%||56.74%||54.91%|
|Net profit margin (%)||52.67%||45.66%||42.63%|
|Debt to equity ratio||0.39||0.34||0.36|
|Interest-bearing debts to equity (times)||0.36||0.28||0.28|
|EPS** (Baht per share)||7.08||4.87||3.97|
* Including revenue from share of profit from investments in associates
** Calculated using weighted average number of ordinary shares
In 2018, there were extraordinary items, consisting of gain on change in investment classification (THB 434.0 million) mainly as a result of additional investment in Sahacogen (Chonburi) Plc. (Shareholding increased from 16.88% to 20.88% as at 31 December 2018) and disposal of investment in Thai Hoover Industry Co., Ltd. (Shareholding decreased from 33.58% to 19.40% as at 31 December 2018).
In 2017, there were extraordinary items,, consisting of gain on change in investment classification (THB 1,015.17 million) and gain on price bargaining (THB 817.65 million), offset with non-recurring expenses (THB 94.71 million after tax) which were related to an entire business transfer ("EBT") of President Holding Co., Ltd. and issuance of convertible debentures in June 2017.