HANA Microelectronics Group. : Content Management
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Group Consolidated Result Third Quarter Ended [30th September, 2017]

Hana Microelectronics Public Company Limited
GROUP CONSOLIDATED RESULT
Third QUARTER ENDED 30th September, 2017

Hana Microelectronics Group 'Hana' Sales Revenue increased 9% year on year at THB 5.7 billion for the third quarter of
2017 from THB 5.3 billion for the third quarter 2016. Sales Revenue in USD terms increased by 13% to USD 172m
from USD 152m in Q3 2016. Operating Profits increased 17% to THB 632m in Q3 2017 from THB 540m in Q3 2016.
Q3



HIGHLIGHTS

Quarter 3 2017 sales revenue for the group increased 13% year-on-year in USD terms, from USD 152m in Q316
to USD 172m in Q317. The average exchange rate for Q317 was 4% stronger at THB/USD 33.4 from THB/USD
34.8 in Q316. As a result the sales revenue in THB terms increased 10% year on year for the quarter.

Year-on-year, in USD terms, the microelectronics divisions sales increased by 8%. Sales in Lamphun increased
12% whilst Jiaxing decreased by 1%. The IC divisions sales revenues increased 23% in Q317, with revenues
of the IC division in Ayutthaya increasing by 20% and Jiaxing increasing by 49%. "HMT" the Microdisplay/RFID
operation in Ohio sales revenue decreased 6%.

Quarter-on-Quarter, in USD terms, sales for the group increased 12% from USD 153m in Q217 to USD 172m in
Q317. In THB equivalent the group sales were up 10% in Q317 compared to Q217 due to the average
THB/USD exchange rate being 3% stronger at 33.4 in Q317 from 34.3 in Q217. Sales in the microelectronics
division increased 5% with Lamphun increasing 3% and Jiaxing increasing 9%. Sales revenues from the IC
divisions were 27% higher in Q317 with Ayutthaya sales increasing 29% and Jiaxing IC sales increasing by 20%. The
Microdisplay division sales decreased 11% in Q317 compared to Q217.

The Gross Profit margin was 15% in Q317 up from Q316 at 14% due to increased sales volume.

Year-on-year operating profits were 17% higher at THB 632m in Q317 compared to THB 540m in Q316. The
Operating margin was 11% in Q317 up 1% from 10% in Q316 due to the higher gross margin.
SG&A expenses were similar in Q317 to Q316. SG&A expenses in Q317 were 1% lower than Q217.