850.53 -122.76 -12.61 244.40 212.60 222.62 10.015 4.71 -21.785 -8.91 Cost of Goods Sold 802.29 699.195 -103.095 -12.85 200.32 174.14 174.925 0.785 0.45 -25.395 -12.68 Cost of Sales to Revenue Ratio

E-commerce. Total revenue in 1H19 was Baht 511.27 million, decreased by 2.52% YOY because sales target was not achieved in 1Q19. The Company arranged marketing activities to draw customers and to

% 4,669.2 4,458.3 (4.5%) Revenue from finance lease under a Power Purchase Agreement 105.2 106.3 102.8 (3.3%) (2.3%) 312.1 314.0 0.6% Cost of sales and services (1,168.7) (1,168.5) (1,272.2) 8.9% 8.9

of total revenues which increased 5.3% YoY from both mobile and fixed broadband. QoQ, total revenues decreased 0.7% mainly due to lower interconnection charge (IC) and device sales revenue. Service

comparison of 3Q/2019 vs. 3Q/2018 vs. 2Q2019 vs. 9M2019 vs. 9M2018 UNIT: M THB 3Q2019 3Q2018 %YoY 2Q2019 %QoQ 9M2019 9M2018 %YoY Sales Revenue 3,108 3,704 -16% 3,290 -6% 9,213 12,571 -27% EBITDA 44 289 -85% 88

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

subsidiaries Q1/17 Q4/17 Q1/18 Change +/(-) (THB million) QoQ YoY Operating revenue 5,366 4,849 5,716 18% 7% Cost of sales (exclude depreciation and amortization) (4,268) (3,534) (4,069) 15% (5%) Gross profit

economic situations leaded to the Company gained revenue from sales and services for the year 2017 amounting to 459.26 MB. And it is expected that measurement to support the earners with lower income of the

-codeshare interline sales by it of seats on other airlines’ flights, fuel and insurance surcharge revenue. Exclude revenues from cargo services, charter services and other revenue. 8 ASIA’S BOUTIQUE AIRLINE

revenue from sale increased from US and Japan market that require premium product Aeroklas’s revenue from sales was similar to Q1 2018/19 Both Aeroflex and Aeroklas experienced the fluctuation in currency