inbound tourism, especially from Chinese tourists as more direct flights from China to Thailand become available and partially helped by the visa fee discount and waiver incentives during the year. 3

increased from the Q2/2018 by Baht 228.0 million or increased 14.3 percent which consisted of an increase in cost of hospital operations in the amount of Baht 206.4 million or increased 16.2 percent, and

were reported in the amount of Baht 1,942.0 million which increased from the Q3/2018 by Baht 178.7 million or increased 10.1 percent which consisted of an increase in cost of hospital operations in the

million baht 1.2 Cost and Expenses In Quarter 2-2019, the company and its subsidiaries had loss margin 66.50 percent and net loss (111.17) percent of total revenues when compare to the same period in 2018

to achieve COD as scheduled in PPA, and construction cost is in line with the budget approved by lenders. This achievement would enable us to keep record of managing the project to commence COD in time

Wattanapat Samui Hospital is approximately 425 Baht which is composed of the land cost including fee from transferring ownership for 223 Million Baht, construction expense is 165.35 Million Baht and the

be Baht 446.70 million or an increase of 33.26 percent, due to expansion of distribution channels and effective cost management having resulted in maintaining profit margin at a good level. (2

147.5 Total income 385.14 100.0 251.73 100.0 133.41 53.0 Cost of sales and services 275.58 71.6 176.02 69.9 99.56 56.6 Gross margin (exclude other income) 107.24 27.8 74.77 29.7 32.46 43.4 Selling and

1: Overall Financial Performance Unit: mb Q1 18 % Q1 19 % Change % YoY Revenue 131.45 100.0% 132.54 100.0% 1.09 0.8% Cost 75.00 57.1% 73.41 55.4% (1.59) (2.1%) Gross Profit 56.45 42.9% 59.13 44.6

expense is presented under cost of services) and decreasing of consultant fee Baht 0.64 million and Baht 2.65 million. 2 Financial position analysis Unit : Million Baht Items June 30, 2019 December 31, 2018