comparison to the same period of the previous year. Executive Summary 2 Overall Operating Results of the Company in Q4/2020 (THB million) YoY YE Operating Revenue 283 207 (27%) 1,194 768 (36%) Gross Profit 181
from gain on sales of investments in BDMS during the period which was amounting of 1,738.2 million baht. Nevertheless, the operating revenue of airline business slightly declined by 1.1 percent from
which the Company has entered into codeshare agreement with Oman Air and Laos Airline during the quarter. Under the agreement with Oman Air, Bangkok Airways plays as operating airline, serving 8 routes on
which the Company has entered into codeshare agreement with Oman Air and Laos Airline during the quarter. Under the agreement with Oman Air, Bangkok Airways plays as operating airline, serving 8 routes on
to a 20% reduction in IVL’s core EBITDA. Operating cash flow through this period increased by 33% to $1.3B, as a result of lower prices and operational excellence. IVL has proposed a dividend of
@kiatnakin.co.th Tel. +66-2495-1366 Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the second quarter and six-month ended June 30, 2019 comparing operating
-2495-1366 Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the second quarter and six-month ended June 30, 2019 comparing operating performance and
operating performance and financial position for the third quarter and nine-month ended September 30, 2019 with those of 2018. This report discusses principal changes in the unreviewed consolidated financial
. +66-2495-1366 Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the third quarter and nine-month ended September 30, 2019 comparing operating
. RESULTS OF OPERATION (Unit : Million Baht) Consolidated Financial Statements 2018 2017 % Change Revenue from Sales and Services 1,708.3 1,633.8 4.6% - Operating Revenue1 1,679.7 1,570.2 7.0% - Other Revenue