Liabilities 784 808 842 Total Liabilities 797 817 851 Shareholder’s Equity 445 451 449 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,727 3,660 2,730 Gross Profit 247 263 209 Operating Profit 126 124 117
. Shareholders' Equity As of 30 June 2017, shareholders' Equity was Bt10,675 million, an increase of Bt685 million, mainly due to profit from the period and dividend payment. Analysis of performance Gross Profit
, shareholders' Equity was Bt10,637 million, an increase of Bt647 million, mainly due to profit from the period and dividend payment. Analysis of performance Gross Profit Margin was affected by two major factors
the equity method is applied Changes Separate Financial Statement Changes (Financial Statement, in which the equity method is applied) (separate financial statement) (Unit: Million Baht) 31-Dec-17 31
and Administrative Expenses 244.45 197.78 +23.60 Financial Cost 30.80 34.60 -11.00 Net Profit 189.79 287.27 -33.93 (Unit : Million Baht) Financial statements in which equity method is applied 2017 2016
services (1,149.4) (1,274.4) 125.0 10.9% Gross profit 471.6 466.2 (5.4) (1.1%) Net loss on exchange rate (4.6) (17.4) 12.8 278.3% Loss on forward contracts (0.2) (1.5) 1.3 650.0% Other income 3.7 4.7 1.0
closed some non-profit branches. In this regard, the closing of ELEGA branches came from the strategic to close some branches that could not generate revenue and profit as target including to reduce the
, mainly from net profit in 3Q17. Key Financial Ratio Financial ratio 3Q16 2Q17 3Q17 Current ratio 0.51 0.54 0.54 Debt to Equity ratio 1.63 1.91 2.28 Interest Bearing Debt to Equity ratio 0.48 0.67 1.00
to total shareholders’ equity as at 31 December 2016, mainly from net profit in 3Q17. Key Financial Ratio Financial ratio 3Q16 2Q17 3Q17 Current ratio 0.51 0.54 0.54 Debt to Equity ratio 1.63 1.91 2.28
tons or 61% more. As a result, high utilization rate and efficiency improve in period caused lowering in overall production cost. Consequently, the gross profit margin increased from 26% to 37% in 2nd