11.8%
YoY = 15.7%, QoQ = 1.4%

note:
1 Reclassify agriculture revenue as other income since Y 2017
2 Revenue from sales from Agriculture sector of baht 1.723 M and baht 17.064 M in Q4/2017 and in year 2017 respectively has been reclassified and recorded in Other income account, whereas in Q1-Q3 it was recorded in revenue from sales account

note:
1 Gross profit margin = Gross profit (loss) / Revenue from sales

note:
1 EBITDA = Profit before interest, tax, depreciation and amortization
2 EBITDA margin = EBITDA / Revenue from sales

note:
3 Net profit margin = Profit (loss) for the year / Total Revenues



2016 2017 Q1/2017 Q4/2017 Q1/2018
Statements of Income (THB million)
Revenue from Sales** 4,368.16 4,881.88 1,166.55 1,331.01 1,350.28
Total Revenues 4,433.32 5,188.15 1,263.07 1,392.08 1,547.09
Cost of Sales 2,265.01 2,227.54 475.50 683.16 652.41
Gross Profit 2,103.15 2,654.34 691.05 647.86 697.86
EBITDA*** 2,317.64 2,798.55 730.18 658.58 769.94
Net Profit 1,824.25 2,591.53 698.49 593.32 753.85
Statement of Financial Position (THB million)
Total Assets 18,169.35 27,566.91 30,305.30 27,566.91 27,640.35
Interest Bearing Debt 7,055.48 - 2,496.63 - -
Total Liabilities 9,848.36 3,352.87 5,797.93 3,352.87 2,672.46
Paid-up Capital 5,900.00 8,400.00 8,400.00 8,400.00 8,400.00
Total Equity 8,320.99 24,214.03 24,507.37 24,214.03 24,967.89
Financial Ratios
Gross Profit Margin (%) 48.15 54.37 59.24 48.67 51.68
Net Profit Margin (%) 41.15 49.95 55.30 42.62 48.73
EBITDA Margin (%) 53.06 57.33 62.59 49.48 57.02
Return on Assets (%)* 11.83 11.33 11.53 8.65 10.92
Return on Equity (%)* 21.01 15.93 17.02 9.82 12.26
Debt to Equity (Times) 1.18 0.14 0.24 0.14 0.11
Interest Bearing Debt to Equity  (Times) 0.85 - 0.10 - -
Interest Bearing Debt to EBITDA (Times) 3.04 - 3.42 - -

* Annualized

** Revenue from sales include revenue from agriculture sector in year 2017 for comparison purpose only. (Revenue from sales from agriculture sector has been reclassified and reccorded in other income account since Y2017.)

*** EBITDA exclude FX gain (loss)