MD&A Q1Y2018 _E_ - 10.5.61 Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the 1 st Quarter Ended 31 March, 2018 Management Discussion and Analysis For the 1 st

, wholly owned subsidiaries of Bangkok Airways Holding Company Limited. The Company reported profit before income tax amounting to 356.8 million baht, decreased from the same period last year by 961.6

): [  ] Accounting Name of Institution: [ ] Finance Name of Institution: 1.7 Related training programs held by the Thai Institute of Directors Association (IOD) Name of Program Year of Attendance [  ] Director

higher): [ ] Accounting Name of Institution: [ ] Finance Name of Institution: 1.7 Related training programs held by the Thai Institute of Directors Association (IOD) Name of Program Year of Attendance

Thai economy growth (Source: FPO, Ministry of Finance) Overall aviation industry for this quarter affirmed 7.9 percent growth in revenue passenger kilometers (RPK) of all region in which RPK of Asia

inflation rate was announced at 0.5 percent for 2017 (Source: Ministry of Finance). Overall aviation industry for the nine-month of 2017, revenue passenger kilometers (RPK) grew at 7.7 percent worldwide. The

MD&A Q2Y2017 _E_ 09.8.17 Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2017 Management Discussion and

) Administrative Expenses (25.4) (8.4) 17.0 (66.8) Finance Costs (146.0) (93.7) 52.3 (35.9) Share of Profit from Investments in Associates and Joint Ventures 250.8 659.2 408.5 162.9 Income Tax (Expense) Income 17.9

30 September, 2017, the Company has paid the investment in Loxley & AIT Holding of 25.0 MB and Campana Group Pte. Ltd., of 33.0 MB that decrease the recognition of loss on investments during the period

investment or holding of shares, a securities intermediary in the category of securities finance may invest in shares at an amount not exceeding ten percent of the total shares sold of such company, and the