selling and distribution expenses to operating revenue decreased due to higher revenue and improved cost management. 4. Selling and Distribution Expenses* Unit: THB Million, % Selling and Distribution

electricity dispatched to Electricity Generating Authority of Thailand (EGAT) under the SPP – Firm contract. In addition, GPSC has managed to improve the profitability in 2017 as a result of efficient cost

19.0 percent as a result of an increase in cost of hospital operations in the amount of Baht 152.2 million or increased 20.4 percent, and distribution costs and administrative expenses increased in the

% due to cost of hospital operations which increased in the amount of Baht 95.3 million or 8.3% complied with an increase of the revenue. The distribution costs and administrative expenses increased in

Baht 137.4 million or increased 12.8 percent as the result of an increase in cost of hospital operations in the amount of Baht 95.0 million or increased 10.9 percent, and distribution costs and

investing in the MRT Chalong Ratchadham Line Project which the MRTA is fully responsible for both loan repayment and interest expense in accordance to the concession agreement. Cost of service amounted to

fixed interest rate from 2.05 to 3.01 percent per annum to reduce financial cost and risk management from floating interest rate. As a result, the Company has saved interest expense approximately by Baht

%) Other Income 1 1 0% Selling and distribution expenses (75) (76) 1% Administrative expenses (42) (43) 2% Finance Cost - (4) n.a. Profit before income tax expenses 72 15 (79%) Tax expenses (12) (2) (83

amount not exceeding 200 MB; totaling to not exceeding 250 MB. In order to expand investment in business concerning healthcare, esthetic, and cosmetic distribution related to core business of the Company

trademark “Wuttisak Clinic” at the amount not exceeding 200 MB; totaling to not exceeding 250 MB. In order to expand investment in business concerning healthcare, esthetic, and cosmetic distribution related