vicinity: Ladprao, Ramkhamhaeng, Ram-Intra KM.4, Changwattana, Srinakarin, Onnut, Ratchapraek, Rangsit, Petchkasem, Saijai Dental Saimai, Rama 2, Ngamwongwan, Rama 5, Bang Yai, Nawamin, Saphanmai, Seri Thai

429.19 446.17 16.98 (6.26) Cash and cash equivalents 67.72 80.05 12.33 (27.15) Trade and other account receivables 58.62 57.81 (0.81) (14.57) Inventories 123.14 132.60 9.46 11.46 Property, plant, and

economic slowdown. Causing, the Thai government declared the Emergency Decree. With measures prohibiting aircraft, vessel, motor vehicles, or any other types of conveyance, or using transportation routes

Airways Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the year ended 31 December 2018 Executive Summary The Thai economy in the last quarter in 2018 continued to grow

and according to target. In 3Q19, growth in the Thai economy decelerated primarily driven by a decline in export growth from world-trade sluggish effecting from Trade War. However, the Thai economy is

POWER PUBLIC COMPANY LIMITED A: AREEYA PROPERTY PUBLIC COMPANY LIMITED A5: ASSET FIVE GROUP PUBLIC COMPANY LIMITED AAV: ASIA AVIATION PUBLIC COMPANY LIMITED ABICO: ABICO HOLDINGS PUBLIC COMPANY LIMITED

percent, was decreased by 8.2 percent. This leads to a slow growth of international tourist arrival to Thailand ( Source: Ministry of Tourism and Sports) . Furthermore, the strengthening of Thai Baht and

UNOFFICIAL TRANSLATION Codified up to No. 10 As of 24 October 2018 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference

UNOFFICIAL TRANSLATION Codified up to No. 10 As of 24 October 2018 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference

UNOFFICIAL TRANSLATION Codified up to No. 12 As of 14 February 2017 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for