% 57.5% EBITDA margin (%) 1.7% 9.0% 51.5% Operating EBITDA margin (%) 1 26.2% 12.3% 19.7% Reported Net profit margin (%) (40.5%) (16.3%) 42.6% 1 Exclude FX gain/(loss), impairments and Gain from MCL
) (50.4%) GOP margin (%) 40.9% 60.5% 51.8% EBITDA margin (%) (17.7%) 22.3% 1.7% Operating EBITDA margin (%) 1 (27.3%) 21.7% 26.2% Reported Net profit margin (%) (230.8%) 17.1% (40.5%) 1 Exclude FX gain
889m with the gross margin being 11% in 2019 down 3 percentage points from 14% in 2018, due to lower sales revenue and stronger THB/USD exchange rate. Operating Profit Analysis The Operating profit
sales revenue and lower depreciation expense. Operating Profit Analysis The Operating profit margin increased by 1 percentage point to 11% in 2017 from 10% in 2016. SG&A expenses increased by 4% [THB 52
overall improvements in productivity, we achieved a gross profit of 59.13mb (Q1 2018: 56.45mb), an increase of 2.68mb or 4.7%. This reduction in cost also contributed positively to a better gross profit
6M19 P a g e | 10 Compared to 1H18, the Company’s gross profit margin remained resilient with stable margin in 1H19 despite the closure of Dusit Thani Bangkok hotel. However, EBITDA margin and net profit
% Gross profit 86.16 82.23 3.93 5% Gross profit margin 29% 28% SG&A 58.00 52.09 5.91 11% EBITDA 57.50 60.28 -2.78 -5% EBITDA margin 19% 20% Depreciation and amortization 28.53 29.44 -0.91 -3% EBIT 28.97
was due to the decreases in the average cost of sales per unit. - Translation - 3 Net Profit In 2019, the Company’s net profit was THB 109. 85 million amounting to the net profit margin of 1.93 percent
of reasons including consolidating the result of TigerSoft, an increase in revenue and other income but partially offset by higher cost of services and SG&A. Overall, the net profit margin improved