Financial Performance (THB million)

Financial Position (THB million)

Unit: THB million

  2018 2019 2020
Financial Performance
Total Revenue* 5,684 5,326 5,206
Gross profit 3,225 2,925 2,985
Net profit 2,595 2,271 2,306
Financial Position
Assets 38,799 41,575 54,718
Liabilities 9,794 11,042 15,627
Equity 29,006 30,533 39,091
Key Financial Ratio
Gross margin (%) 56.7% 54.9% 57.3%
Net profit margin (%) 45.7% 42.6% 44.3%
ROA (%) 7.1% 5.6% 4.7%
ROE (%) 9.6% 7.6% 6.6%
Debt to equity ratio 0.34 0.36 0.40
Interest-bearing debts to equity (times) 0.31 0.33 0.36
EPS** (Baht per share) 4.87 3.97 4.03

* 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)