3.29 million, increase Baht 1.05 million or increase 31.93% , because the company added the employee at management level to align with appropriate organizational restructuring since Q2/2017. 5. Financial

(Translation) NEP-AC 003/2561 8 November 2018 Subject : Management Discussion and Analysis for 3rd Quarter ended 30 September 2018 To : The President The Stock Exchange of Thailand Operating Result

and administrative expenses of Baht 13.51 million which were related to an increase of revenues from sales. An increase in gross profit was mainly due to an improve on the inventory cost management as

million, an increase of 17% from 2Q2017. Fees and service expenses were mainly fees paid in respect of securities trading and futures trading, and retaining fee of ONE Asset Management Limited (the

Microsoft Word - MD&A 1Q2018-E R.doc Ref: CSO 024/2018 Date: 14th May 2018 Subject: Management Discussion and Analysis Quarter 1 Ending 31st March 2018 Attention: President The Stock Exchange of

, 15.1% and 16.8% of total revenue during the two years respectively. This was an increase of THB 94.9 Mn or 28.9%. This increase was mainly due to staff increases in middle management recruited to support

asset. 6. Management benefit expenses In Q3/2017, the management benefit was Baht 4.68 million compare with the same period of previous year amount to Baht 3.66 million, increase Baht 1.02 million or

increased from THB 328.6 Mn in 2016 to THB 423.5 Mn in 2017 and increase of THB 94.9 Mn or 28.9%. This increase was mainly due to staff increases in middle management recruited to support the future business

of capital increase in January 2018. With some amount of expenses for the additional from the payment of early retires employee. 5. Management benefit expenses For year 2018, the management benefit was

-year from Baht 27.64 million in 1Q18. The variance was mostly due to an increase in number of patients, depreciation and employee management expenses. EBITDA increased by 112.55% year- over-year to Baht