HANA Microelectronics Group. : Content Management
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Group Consolidated Result Year Ended [31st December, 2018]

Hana Microelectronics Public Company Limited
GROUP CONSOLIDATED RESULT
Year ENDED 31st December, 2018

Hana Microelectronics Group 'Hana' Sales Revenue increased 3% year on year, at THB 22.3 billion in year 2018 from
THB 21.6 billion in year 2017. Sales Revenue in USD terms increased by 8% to USD 689m in 2018 from USD 635m in
2017. Operating profits increased 1% to THB 2,309m Baht in 2018 from THB 2,290m Baht in 2017. Operating profits
increased 6% in USD terms to USD 71m in 2018 from USD 67m in 2017.



HIGHLIGHTS
Group Sales increased 3% in 2018 at THB 22,264m from 2017 at THB 21,551m with markets continued strength
throughout the year. USD sales were 8% higher in 2018 at USD 689m up from USD 635m in 2017 as the average
THB/USD exchange rate strengthened 5% to THB/USD 32.31 in 2018 from THB/USD 33.93 in 2017.

The Microelectronics divisions' sales revenue increased 13% [+7% THB] in 2018 over 2017. The microelectronics
operation in Lamphun sales increased 16% [+10% in THB terms] and JXG increased by 7% [+2% in THB terms] in 2018.
In 2018 IC assembly sales overall increased by 5% in USD terms [+0% in THB terms]. Specifically, IC AYT sales
increased 6% [+1% in THB terms], and IC JXG USD sales decreased by 3% [-8% in THB terms].
Hana Microdisplay Technologies "HTI", sales decreased 5% [-10% THB] for the year.

Gross Profit decreased by THB 11m with the gross margin being 14% in 2018 down 1 percentage point from 15% in 2017,
due to stronger THB/USD exchange rate.

The Operating profit margin decreased by 1 percentage point to 10% in 2018 from 11% in 2017. SGA expenses increased by
4% [THB 51m] due to R&D expense increase.