6.69 (3.92) (58.59%) 6 Profit before expenses 61.27 40.31 21.59 53.56% Selling expenses (4.98) (4.07) (0.91) 22.36% Administrative expenses (38.77) (28.41) (10.36) 36.47% 7 Finance costs (3.07) (3.82

% Other income 4.25 3.28 0.97 29.57% 6 Profit before expenses 60.77 47.66 13.11 27.51% Selling expenses (4.49) (4.60) (0.11) (2.39%) Administrative expenses (37.82) (31.69) 6.13 19.34% 7 Finance costs (3.16

% Anticipated credit losses 0.0 0.0% -49.8 6.5% 49.8 n.a. Total Expenses 94.4 17.1% 154.8 20.3% 60.4 64.0% Operating Profit 234.5 42.5% 317.9 41.6% 83.4 35.6% Finance Cost -41.1 -7.4% -68.2 -8.9% -27.1 65.8% Tax

business (Unit : Thousand Baht) Revenues by business Q3/2017 Q3/2016 Δ% Q2/2017 Δ% Q1/2017 Δ% Distributor of medical devices and equipment 450,744 465,406 -3% 363,409 24% 492,292 -8% Margin 168,415 177,677

the previous year, loss decreased by 28% compared to Q2/2018. 3 2. Financial Performance Summary – by business (Unit : Thousand Baht) Revenues by business Q3/2018 Q3/2017 Δ% Q2/2018 Δ% Q1/2018 Δ

million liters of Q1/2017. * Note: Total Flights was data of flights that serviced by BAFS only at BKK and DMK Growth (y-o-y) Aviation Refuelling Services Business : Aviation Fuel Volume (million litres

profit (loss) from investment in associates and joint venture 123 82 40 49.2% EBIT 727 517 210 40.5% Finance income 3 2 1 74.8% Finance cost -91 -81 -10 12.3% Income tax expenses -74 -29 -46 159.6% Net

% of total revenue); decreased by 45% as compared to Q1 2018 of 211 million Baht, comprising of: (1) gross profit from property business of 9 million Baht (14.5% of total revenues from property business

renovations.  Selling expenses increased by Baht 33 million which is principally due to higher exhibition expenses, specific business tax and transfer fee offset by lower commission expense.  Administrative

of lower building repair expenses.  Selling expenses increased by Baht 46 million which is principally due to higher commission expense, specific business tax and transfer fee relating to property