. The regulatory fee as a percentage of core service revenue was 3.9%. • Depreciation & amortization was at Bt14,738mn, increasing 15% YoY due to consolidation of right-of- use assets from TTTBB’s
(46%) (33%) 3,175 3,359 6% Gross profit margin* (%) 27% 24% 22% (2%) (5%) 24% 26% 2% Net profit margin (%) 15% 13% 8% (5%) (7%) 16% 14% (2%) * Exclude costs of depreciation and amortization 1 Operation
2016 Revenue from operation 42.61 41.14 Operating expense 32.54 31.28 Other revenue 0.77 0.92 Other expenses 1.70 1.65 Depreciation and Amortization 3.28 3.57 EBITDA 12.86 12.90 Note : information from
accounting standard TFRIC12 EBITDA (MB) Q1/2017 Q1/2018 YoY % Operating profit 484.21 403.89 (80.31) (16.59%) Depreciation 95.25 100.14 4.89 5.13% Amortization 67.71 73.92 6.22 9.18% EBITDA 647.16 577.96
period of 2 0 1 7 as driven mainly by rising expenses on office employees, office and miscellaneous expenses and depreciation and amortization expenses to support more workloads and more units from
53.89 -23.51 -44% EBITDA margin 13% 20% Depreciation and amortization 30.98 22.76 8.22 36% EBIT -0.60 31.13 -31.73 -102% Finance cost -6.74 -5.56 1.18 21% Income tax expenses -2.11 -3.22 -1.11 -34% Net
(Decreased) % Operating profit 993.74 954.83 (38.91) (3.92%) Depreciation 188.28 191.02 2.74 1.45% Amortization 130.47 137.67 7.20 5.52% EBITDA 1,312.49 1,283.52 (28.98) (2.21%) 2. Economic Situation Overall
of toll, amortization of rights to operate completed expressway sectors and compensation for site acquisition cost, for the third quarter of the year 2017, amounted to Baht 1,377 Million, representing
. Cost of service for operation of Expressway business consisted of costs of toll, amortization of rights to operate completed expressway sectors and compensation for site acquisition cost. For the year