-cost care, the Company recorded revenue at lower rate from THB. 12,800 in 1Q’19 to THB 10,679 per score in 1Q’20. The actual receipt from Social Security Office during 1Q’20 was at THB 12,000 per score

higher efficiency in profit generation; whilst, lower asset utilization and lower risk from 2016 as follow: DuPont Analysis 2015 2016 2017 Return on Equity or ROE 15 (%) 13.15 16.26 15.24 Operating Profit

decreased 53% to THB 381m in Q3 2019 from THB 815m in Q3 2018. Net Profit decreased 55% to THB 407m in Q319 from THB 905m in Q318, due to lower operating profits in Q319 vs Q318. Quarter Quarter % THB '000

margin of 51% from revenue growth, lower pressure in utility cost, as well as efficient cost management in marketing expenses. AIS reported a net profit of Bt8,146mn, increasing 35% YoY and increasing 14

expenses -74 -68 -6 8.4% Net profit (loss) Attributable to Equity Holders 501.0 601 -100 -16.6% Net profit (loss) Attributable to Equity Holders Margin (%) 6.4% 8.0% -1.6% Net profit (loss) attributable to

lower net profit. For the liquidity analysis, current ratio rose to 0.56 times. Debt to equity ratio improved to 0.84 times due to the repayment of long term debt. Debt service coverage ratio (DSCR

of 2017 because of the lower sales volume. Gross Profit Margin and Net Profit Margin was at 49.69% and 28.16% respectively, while Return on Equity (ROE) dropped to 10.68% and Return on Asset (ROA) was

Equity (ROE) dropped to 10.89% and Return on Asset (ROA) was 5.69% which declined from the same period of 2017 due to the lower net profit. For the liquidity analysis, current ratio decreased to 0.41 times

hospital operations in 3Q’18 and 9M’18 increased by 12% and 14% yoy, respectively. However, 3Q’18 gross margin ratio was lower than previous year due to decrease in social security revenue as mentioned above

due to 1) sales decrease; 2) higher cost per unit as a result of lower utilization rate; 3) higher depreciation; 4) higher excise tax and sugar tax following the Excise Act, B.E. 2560; 5) sales