investments and net fees and service income, mainly from lower fees from loan-related services, combined with the decline in fees from transaction services caused by the exemption of transaction fees via

operating revenue of airline business declined by 6.9 percent from highly intense competition which caused the average fare to drop by 5.8 percent. The average passenger load factor was 68.1 percent. The

Page 4/22 Economic Overview and Competition among Commercial Banks In the first quarter of 2020, Thai economy highly contracted from the same period last year as the COVID-19 pandemic has caused

incurred on the indebtedness used to fund the construction of ABP5, BGPSK and BPWHA1 after their commencement of commercial operation in 2016, partly offset by a decrease from interest expense caused by

shareholders was Bt3,418mn while investment in the RLP JV caused Bt788mn. In the quarter, AIS paid back Bt9,285mn of borrowings. In summary, an outstanding cash was Bt8,499mn, a decrease of Bt2,151mn from end

liabilities 4. Increase in deferred revenue of THB 281.1 mm. This was mainly caused from the asset monetization to HREIT which is the leasehold of 30 years and renew for another 30 years. The lease of land is

program right fee and post-dated cheques (based on the credit term) for the remaining fees of 80% have been collected, in order to prevent the risk of debt repayment. · Were there any damages caused by the

268.7 million or 49.2 percent from 2018 is caused from growth in gross profit from increase in sales and service income and improvement of costing control. Including the cash management from capital

of 2017 was Bt1,794.3 million, an increase of Bt16.9 million or 1.0% (y-o-y). Caused from the total Growth (y-o-y) (q-o-q) (y-o-y) Services income 863.5 859.3 930.8 0.5% (7.2%) 1,794.3 1,777.4 1.0

addition, there were changes in assets and liabilities from operation which caused the increase in cash of Baht 409 million and payment for income tax expenses of Baht 25 million. Cash Flows from Investing