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
, administrative expenses and deficit of NCL. In addition, NCL gained the profit of 0.13 million Baht from the capital disposal. Grace Water Med Co., Ltd. (“GWM”), whose 44.44% of total shares were held by NCL
pressured the profit margin. The price of copper decreased, which resulted in the cost of goods sold decreasing by 1.2% in 1Q19. Administrative and Selling Expenses Selling, general, and administrative
business interruption loss of profit 2 As per internal classification and includes depreciation and amortization expenses 3 As per internal classification and includes gain on bargain purchase on new
higher breakeven point as well as an increase in the unit production cost. Administrative and Selling Expenses Selling, general, and administrative expense as a percent of sales increased slightly to 13.9
% 126.54 46.2% 16.62 15.1% SG&A 35.95 14.1% 48.13 17.6% 12.18 33.9% EBIT 73.97 29.1% 78.41 28.6% 4.44 6.0% Share of Gain in Associates - - 0.15 0.1% 0.15 Interest Expenses 0.29 0.1% 0.25 0.1% (0.04) (13.8
considered as one-time expenses in the second quarter of 2019. Accumulated net profit in the 2019 is 68.20 THB mm, a decrease 76.48 THB mm from the previous year. Page 5 Financial Statement unit 30 June 2019
Company will allocate more budget on general expenses. For land price is stated in the No.4 the value of consideration. 7. The benefit which is expected from Hospital The Company will bring the specialized
Shareholder’s equity 108,363 127,110 143,956 Revenue 367,889 339,343 340,774 Expenses 346,990 314,569 313,740 Net Profit (Loss) 20,899 24,774 27,034 7. Expected Benefits The acquisition will provide a unique