. However, the cost increase was at lower rate than revenue increase. Likewise, 4Q17 hospital cost increased by 10% yoy lower than revenue growth. As a result, gross margin improved to 30% in 2017 from 28

reason for the Company’s net loss was due to lower income from rental and service, an increasing in food and beverage cost and property development cost incurred. Thus, the details of the Company’s

decrease was mainly due to the lower revenues from enterprise solutions business and EMS business. The Group’s profit for the first quarter of 2019 amounted to Baht 81 million, which was decreased by Baht 35

decrease was mainly due to the lower revenue from enterprise solution business. The Group’s profit for the third quarter of 2019 amounted to Baht 112 million, which was decreased by Baht 25 million or an

increased substantially which can outweigh lower visit number. The increase of revenue per visit was the result of more surgeries operated particularly heart surgeries and minimal invasive surgeries. All

March 2019, the company’s gross profit equaled THB 188.31 million or 65.65%, which were lower than 67.57% in Quarter 1/ 2018. The factor was higher take-home products and larger OEM volume which yield

due to the R&D and sales force invested for new products development enhancement and 7.6% lower compare to last quarter due to Q2’19 have high R&D outsource service in Europe Operating profit in Q3-19

716.37 million (or 30.54 percent of total assets) respectively. The decrease is inventories were mainly following the lower sales and decrease in global material price. 2.1.2 Trade account receivables

million in 2Q2018, representing a decrease of THB 182.87 million or 4.39% down from 2Q2017 mainly from lower revenue of chicken processing business which decreased by THB 126.79 million or 6.73% down

due to the higher gross profit and the lower administrative expenses. As a result, overall net profit of the Group is increased. Analysis of revenues Q1’ 2018 Q1’ 2017 Increase (decrease) Million Baht