European fixed income – trends and analysis SEC Classification : ใชภ้ายใน (Internal) - R E S P O N S I B L E I N V E S T M E N T - ESG Incorporation & Investment Strategies in Fixed Income Carmen

, the company’s gross margin has been widen from 33% of revenue in 1Q’18 to 36% in 1Q’19. The improved margin was not only attributed by the increase of fixed income from social security revenue and

Revenue from Hospital Operations Revenue from hospital operations in the second quarter of 2018 (“2Q’18”) increased 16% yoy. Non-social security revenue growth was 19% which was higher than social security

quarter of 2018 (“3Q’18”) was THB 427 million, increased 9% yoy. Non-social security yoy revenue growth was highly 18% while social security revenue growth slightly decreased. Non-social security’s

quarter of 2018 ( “4Q’18”) was THB 394 million, increased 7% yoy. Non-social security yoy revenue growth was highly 12% while social security revenue growth slightly increased. The non-social security

payment rate also helped accelerate growth in this quarter. This new rate has been effective since July 1, 2017. As such, social security revenue of 3Q17 increased by 27% yoy. In light of non-social

registered patients as well as increasing of social security payment rate. The new rate has been effective since July 1, 2017. As such, social security revenue of 2017 and fourth quarter of 2017 (“4Q17

% increase from the same period last year. This was the result from the orders for customers in the production of protector guard equipment for Hockey sport are increasing. 2. Other Income 7.91 Million Baht

million, increased 10% yoy. The non-social security (non-SW) revenue and social security (SW) revenue grew by 10% and 11% respectively. The growth of non-social security revenue was driven by both OPD (9

which increased from 158,085 to 170,191 persons yoy but also due to the increase of social security payment rate which has been effective since July 1, 2017. As such, social security revenue in 1Q’18