In 2017, Thailand Post and its subsidiary had total revenues of 28,293.82 million baht, a year-on-year increase of 2,318.32 million baht, or 8.93%. Total expenses for the year were 24,081.39 million baht, increased by 1,605.19 million baht, or 7.14%, higher than the year 2016. Net profit was 4,212.43 million baht, an increase of 713.13 million baht, or 20.38% from the previous year. The increase in revenues was due chiefly to higher volume of domestic EMS items which were posted by the e-Commerce businesses. In addition, sales of commemorative postage stamps and collectible items relating to the royal funeral of His Majesty King Bhumibol Adulyadej, contributed to higher revenues in 2017.