hospital operations in 3Q’18 and 9M’18 increased by 12% and 14% yoy, respectively. However, 3Q’18 gross margin ratio was lower than previous year due to decrease in social security revenue as mentioned above

. Due to the company has the potential of investment capital, debt collection systems and human resources in operation. Including being a business partner with financial institutions in help keep track of

31 March 2020 Ratio 2019 Ratio Increase / (Decrease) Amount % Service revenue 646.34 100% 480.92 100% 165.42 34.40 Cost of service 531.42 82.22% 404.10 84.03% 127.32 31.51 Gross profit 114.91 17.78

in financing activities was THB 1,030mn mainly from proceeds from the increase in share capital of THB 2,040mn. However, this offset by a decrease in short-term as well as long-term loans from

THB 27mn. However, the increase was partially offset by 5) a decrease in current portion of long-term loans of THB 77mn. Total non-current assets stood at THB 5,911mn, an increase of 10.0% or THB 539mn

2Q2018, Share of Profit from Investments in Associates and Joint Ventures was Baht 246.8 million, a 64.0% decrease from Baht 685.9 million in 2Q2017 with Foreign Exchange Loss of Baht (315.3) million in

proportion than selling price increase is the main reason why net profit decrease. Graphite Electrode’s price which is a part of conversion cost increase significantly. Separate financial statement, the

content acquisition to support the growth of the business since 2017 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on exchange rate, resulting in a decrease in

venture, Synergistic Property Development Company Limited, with a registered capital of THB 100,000. The venture was jointly invested with Ek-Chai Distribution System Company Limited for a 50:50

due to THB appreciation. CAPITAL STRUCTURE As of 31 December 2019, U City’s total Interest-Bearing Debt was THB 17,595mn, decreasing THB 2,749mn from THB 20,344mn in 2018. The decrease resulted from the