1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

, comprising of 30 planes of AirAsia, the number one low cost airline in Asia, 30 planes of Thai Lion Air and 20 planes of Nok Air.  Aero Media has also secured a contract to manage media at Samui airport and

follow; unit: million baht Items 3-month periods ended 31 March Changes 2018 2019 Amount % Amount % Amount % Revenue from sales of goods 82.42 100.00 113.01 100.00 30.59 37.11 Cost of sales of goods 65.35

1,465.51 -535.02 -36.5% Other income 3.28 4.68 -1.60 -34.2% 8.14 9.94 -1.80 -18.1% Total revenue 522.19 750.37 -228.18 -30.4% 938.63 1,475.45 -536.82 -36.4% Cost of goods sold & service 454.43 658.94 -204.51

expense to customer for Q1’19 as cost of service according to IFRS15. Moreover, there was commission expense for Testing and Inspection service amounting of 0.51 Million Baht, or 173.62% compared to the

cost also contributed positively to a better gross profit margin at 46.2% (Q2 2018: 43.2%) Selling and Administration expense Selling and administration expense ( “ SG&A” ) closed at 48.13mb (Q2 2018

slower growth in cost also contributed positively to a better gross profit margin at 46.2% (Q2 2018: 43.2%) Selling and Administration expense Selling and administration expense ( “ SG&A” ) closed at

and taxes 12.93 11.44 5.91 7.86 (7.02) (54.29) Finance Cost 0.88 0.78 0.71 0.94 (0.17) (19.32) Profit before income tax expenses 12.05 10.66 5.20 6.92 (6.85) (56.85) Income tax expense 0.87 0.77 0.25

to 0.4%. The change was resulting from expense related to staff cost. 3/4 Unit: Million Baht YOY % Revenue from sales 616.52 100.00% 873.23 100.00% (256.71) -29.4% Cost of sales (310.73) -50.40

supplies, laboratory expense, utilities and tourism cost by Baht 4.33 million and Baht 7.51 million, respectively. 1.4 Distribution cost and administrative expenses 1.4.1 Distribution cost Unit : Million