communicated to related staff members.  Revised Trade Competition Supervisory Measures On July 7, 2017, the Trade Competition Act, B.E. 2560 (2017) was promulgated in the Government Gazette, repealing the Trade

% 1,329.15 1,193.44 11% Cost of hospital operations before adj. 314.81 293.81 7% 894.56 825.87 8% Adj. staff benefit - - 8.15 - Gross margin 145.70 133.24 9% 426.44 367.57 16% % Gross margin 32% 31% 0% 32% 31

marketing campaigns offset by increased staff cost but decreasing -4.9% QoQ following a slowdown in marketing activities. • Marketing expenses were Bt1,491mn, decreasing -9.2% YoY and -14% QoQ impacted by

%) 16.27 17.02 (0.75%) 11. Net profit (million THB) 298.34 315.18 (5.34%) 259.53 274.76 (5.54%) (%) 11.94 12.75 (0.81%) 12.66 13.21 (0.55%) 12. Net profit per share (THB) 0.20 0.21 (5.61%) 0.18 0.19 (5.38

1,062.32 28.71% 1,171.09 938.79 24.74% (%) 12.15 11.05 1.10% 12.85 12.04 0.81% 12. Net profit per share (THB) 0.93 0.72 28.75% 0.79 0.64 24.84% 13. Book value per share (THB) 8.77 8.41 4.28% 8.29 8.19 1.22

market share in the economic slowdown. When comparing the sale volume to the same period in 2018, decreased 0.9%. The company is not able to increase the selling price in the current economic conditions

45.4% 281.47 45.9% 43.76 18.4% SG&A 97.62 18.7% 120.70 19.7% 23.08 23.6% EBIT 140.09 26.8% 160.77 26.2% 20.68 14.8% Share of Gain in Associates - - 1.94 0.3% 1.94 - Interest Expenses 0.63 0.1% 0.43 0.1

declared as the “Year of Shift”. It is the opportunity for the organization, high-ranking executives and staff to revise the business model in order for the organization to achieve stable growth and the goal

% (%) 12.54% 11.94% 0.60% 13.20% 12.66% 0.54% 12. Net profit per share (THB) 0.24 0.20 17.33% 0.19 0.18 6.25% 13. Book value per share (THB) 8.54 8.26 3.39% 8.01 7.90 1.39% After revision -Translation- Table 2

to THB 114.7 Mn respectively, an increase of THB 1.9 Mn or 1.7%. This increase was mainly due to staff increase to support the future business expansion. As a percent of total revenue, administrative