Expenses (1,775.1) (36.6%) (1,720.2) (36.5%) +54.9 +3.2% Add: Share of Profit/(Loss) from Investments (by equity method) 9.1 0.2% 12.0 0.3% -2.9 -24.2% EBITDA 999.4 20.6% 914.1 19.4% +85.3 +9.3% Less
). The growth in cost of services was in line with the growth in revenue. As the end of 2019, we have slightly improved the gross margin from 45.4% to 45.9%. Gross Profit As a result of overall
982.3 169.9 21.5% (21.8) (2.2)% Profit Attribute to Equity Holders of the Company 133.3 110.9 108.0 22.4 20.2% 25.3 23.4% In the first quarter of 2017, the Company's total revenue increased from Q4-2016
3.15 26% Core EBITDA/t (US$/t)) 111 122 90 23% 110 89 24% Net Operating Debt to Equity 0.54 0.57 0.88 (39)% 0.54 0.88 (39)% Note: (1) Consolidated financials are based upon elimination of intra-company
Q1 2018 to 81.9% in Q1 2019. HR Solutions Revenue from HR Solutions closed at 108. 59mb ( Q1 2018: 105. 74mb) , increasing by 2. 85mb or 2.7% . This increase is in line with our expectations of the
or 6.3% . This increase is in line with our expectations of the demand for HR technology and services in local and overseas markets. Due to the strengthening of Thai Baht, the contribution from our
6.3% . This increase is in line with our expectations of the demand for HR technology and services in local and overseas markets. Due to the strengthening of Thai Baht, the contribution from our
increase was mainly attributable to higher administrative employee cost which was in line with increase in workload and organization units as a result of the increase in sales revenue. Administrative
in the central business area. The strategy of the Company has thus been adjusted to be in line with the market condition and business. The Company has turned to the rental market as a measure of risk