the change in revenue. The change in revenue from sales and services was 23.9%, while the change in administrative expenses was 43.0%, due that there was a reversal of doubtful accounts for receivables

decreased from Q3-2016, representing decrease of 112.2 MB or 12.0%, because the reversal of doubtful accounts for long term receivables has been recorded in Q3-2016 -3- Financial Analysis of the company As of

also creating innovative products and comprehensive services in keeping with changing customer expectations regarding financial services, with ever-greater consideration of consumer protection and

governance, appropriate risk management and effective cost management. At the same time, we have focused on collaboration and synergy with other companies within KASIKORNBANK FINANCIAL CONGLOMERATE, Muang Thai

expressed its interest in providing the assistance for the debt restructuring of the Company and started conducting legal, accounting and financial due diligence. SSG Group found that the due diligence

aim to strengthen the financial status, reduce the burden of interest payment and improve financial ratios. The total debt amount that will be restructured is USD 242.53 million which part of the debt

loans from 2 financial institutions, in the amount of THB 230 million, detailed as follows: (Enclosure 4) 2 1. The Siam Commercial Bank Public Company Limited, in the total amount of THB 150 million, due

Osotspa Public Company Limited Q1’19 Management Discussion & Analysis 14 May 2019 Q1’19 Management Discussion & Analysis Page 1/6 Financial Highlights - Q1’19 Net profit* was at THB 888 million

& administrative expenses 66 119 78.6% EBITDA 59 90 51.9% Net profit from financial statement 37 54 47.6% Net profit (exc. Minority Interest) 37 53 42.3% Gross profit margin 53.2% 62.4% EBITDA margin 31.3% 31.1

an amounting of Baht (2.75) million or (4.36) percent. Mainly came from Hi Healthcare center Co., Ltd. has recognize allowance for doubtful debt in an amounting of baht 31.98 million in second quarter