. Administrative expenses mainly include salary, expenses related to employee and management benefits, office rental, travelling expenses and professional expenses. In 2017, administrative expenses increased by THB

from the package foods including with foods service in convenience stores and modern trade outlets. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) In the second quarter of year

hospital operations such as salary, overtime pay for employees, Doctor Fee, Cost of medical treatment, depreciation from transferring assets, infrastructure cost and so forth. WATTANAPAT HOSPITAL TRANG

and David Dodd in 1934 • Finding price-intrinsic value discrepancies in the market • Various price-based ratios and future stock returns ⋄ Earnings-to-price ratio (Basu, 1977) ⋄ Dividend-to-price ratio

& Distribution Expenses per net sales 6.4% 6.7% (0.3%) 6.0% 6.2% (0.2%) Administrative Expense per net sales 11.1% 10.9% 0.1% 8.3% 8.2% 0.1% Net profit margin 5.1% 5.5% (0.4%) 6.9% 6.7% 0.2% - Basic earnings per

& Distribution Expenses per net sales 6.4% 6.7% (0.3%) 6.0% 6.2% (0.2%) Administrative Expense per net sales 11.1% 10.9% 0.2% 8.3% 8.2% 0.1% Net profit margin 5.1% 5.5% (0.4%) 6.9% 6.7% 0.2% - Basic earnings per

termination pay of 400 days of the last wage earned, which increased from 300 days of the last wage earned, when their employment was terminated. Also, in 2019 the high utility costs were because the Company’s

, together with aircraft rental costs from wet lease arrangements during the period. Earnings per share for the six-month period of 2017 was 0.01 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Notable events

Groups’ expense on salary and employee benefit, audit fee, advisory fee, advertising and IR related to IPO in January 2019 has increased 13.91 Million Baht compare to the last year. tel:02-455-2888 บริษัท

percent. The higher expenses are mainly in area of personnel costs due to salary normally increased year by year and other administrative expenses. For the year ended 31st March 2019, the administrative