HANA Microelectronics Group. : Content Management
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Group Consolidated Result Year Ended [31st December, 2017]

Hana Microelectronics Public Company Limited
Year ENDED 31st December, 2017

Hana Microelectronics Group 'Hana' Sales Revenue increased 5% year on year, at THB 21.6 billion in year 2017 from THB 20.5 billion in year 2016. Sales Revenue in USD terms increased by 9% to USD 635m in 2017 from USD 581m in 2016. Operating profits increased 16% to THB 2,290m Baht in 2017 from THB 1,969m Baht in 2016. Operating profits increased 21% in USD terms to USD 67m in 2017 from USD 56m in 2016.


Group Sales increased 5% in 2017 at THB 21,551m from 2016 at THB 20,523m with markets strong throughout the year but particularly after the first quarter on 2017. USD sales were 9% higher in 2017 at USD 635m up from USD 581m in 2016 as the average THB/USD exchange rate strengthened 4% to THB/USD 33.93 in 2017 from THB/USD 35.30 in 2016.

The Microelectronics divisions' sales revenue increased 6% [+2% THB] in 2017 over 2016. The microelectronics operation in Lamphun sales increased 7% [+3% in THB terms] and JXG increased by 3% [-1% in THB terms] in 2017. In 2017 IC assembly sales overall increased by 12% in USD terms [+8% in THB terms]. Specifically, IC AYT sales increased 10% [+5% in THB terms], and IC JXG USD sales increased by 26% [+21% in THB terms]. Hana Microdisplay Technologies "HMT", sales increased 27% [+22% THB] for the year.

Gross Profit increased by THB 339m with the gross margin being 15% in 2017 up 1 percentage point from 14% in 2016, due to higher sales revenue and lower depreciation expense.

The Operating profit margin increased by 1 percentage point to 11% in 2017 from 10% in 2016. SGA expenses increased by 4% [THB 52m].