recognition WCIH as subsidiary company. 3 2. Financial Performance Summary – by business Revenues by business Baht’000 Consolidated 2019 2018 ∆% Distributor of medical devices and equipment 1,736,795 1,828,053

business, Wuttisak Clinic Intergroup Co., Ltd. This is because the changing business model from company owned to franchise model, affecting to the revenue recognition. According to IFRS No. 5, the company

[COMPANY NAME] Ref.:EFORL020/2018 May 15, 2018 Subject: Management Discussion and Analysis for the first quarter ended 31 March 2018 To President The Stock Exchange of Thailand 1. Overview financial

of the year earlier and has gross profit margin of 27.64%.because the company adjusted the recognition of interest income from loan receivables from the purchase of debtors, decrease from previous

gross profit of THB 4.6 million or 18.2%, decrease by THB 32.5 million or 87.6% compared to the year earlier. because the company adjusted the recognition of interest income from loan receivables from the

to the same period of the year earlier and has gross profit margin of 24.75%.because the company adjusted the recognition of interest income from loan receivables from the purchase of debtors, decrease

., Ltd., in the proportion of 40% of total ordinary shares Therefore the company must have revenue recognition Into the financial statement Resulting in increased service revenue Which can classify income

recognition from associated company was Baht 17.16 million and a corporate income tax expenses for 2017 was Baht 2.44 million. 2. Financial Analysis (Unit: Thousand Baht) Items 30 December 2017 31 December 2016

this standard, the method of revenue recognition of the Company shall change. Non-performing loans purchased from financial institutions, which are under IFRS9 standards, are considered to be purchased

year 2020, which is an additional revenue waiting for recognition. 2. The Company is currently developing a new shopping center project "The Jas Village", is located near the Amata Industrial Estate