valuable and useful comments from various stakeholders including governmental and private sectors, civil society, academic sector and international organizations. Most of the feedbacks agree with the

sectors, and showcased the strategy of SEC that realizes the significance of academic studies and papers towards the effectiveness in policy-making. Multiple honorable guest speakers from

academic development. This will help enhance quality of our new generation so as for them to be ready and skillful on top of sound body and mind; thereby maintaining military stability and improving quality

academic researches into the capital market development. At the 4th Forum of 2015, the School of Development Economics of NIDA presented the research papers on ?Global financial market risks and financial

between the SEC and four leading business schools, aiming to apply academic researches into the capital market development.  Assoc. Prof. Dr. Sorasart Sukcharoensin, NIDA researcher, said that the study on

increase in Revenues from hospital operations. Administrative expenses (including Depreciation and amortization) were Baht 128.42 million in 2018 or 28.57% more than Baht 99.88 million in 2017. The variance

amortization) were Thai Baht 195.04 million in 2019 or 51.88% more than Thai Baht 128.42 million in 2018. The variance was mostly due to an increase in employee expenses and sales promotion expenses. EBITDA

-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

 variance was mostly due to an increase in employee expenses.  Profit to equity holders of  the  company  in  1Q20  decreased  by  74.83%  year‐over‐year  to  THB  11.25 million  from  THB  44.70  million in

and its subsidiaries performance are the comparative performance of the year of 2017 and the year of 2016; Table: Operating Results (Unit: Million Baht) Items Quarter Variance Quarter Variance For years