. The increased selling expense was due to a change in commercial trade terms, while freight costs were lower due to a change in incoterms from CIF to FCA and Ex-factory, furthermore sea shipments

Expense (0.75) (0.07%) (5.67) (1.52%) (4.92) (86.77%) (2.12) 244.32% (1.37) (64.62%) Net Profit (Loss) 54.98 5.34% (79.97) (21.37%) 134.95 168.75% 48.41 4.65% 6.57 13.57% Earnings per share (Baht per share

412.16% Earnings per share (Baht per share) 0.0934 (0.0299) 0.1233 412.16% Net Profit (Loss) After adjusted EBITDA 608.81 11.04% (61.96) (3.13%) 670.76 1,082.66% ท่ีตั้ง 55/2 หมู ่8 ถ. เศรษฐกิจ 1 ต.คลองมะ

% THB mm % Raw material and packaging 179.04 80.77 71.50 60.69 (107.54) (60.06) Labor costs 21.98 9.92 11.33 9.62 (10.65) (48.45) Depreciation costs 8.64 3.90 10.06 8.54 1.42 16.44 Freight expenses 0.68

33.96 62.84 61.80 73.38 27.84 81.98 Labor costs 5.69 10.53 6.41 7.61 0.72 12.65 Depreciation costs 4.91 9.08 5.58 6.63 0.67 13.65 Freight expenses 0.22 0.41 0.60 0.71 0.38 172.73 Others/1 9.26 17.14 9.82

%) (18.34) 991.35% Financial Cost and Income tax expenses 4.54 0.07% (6.76) (0.12%) 11.30 167.16% Net Profit (Loss) 423.62 6.59% 488.52 8.86% (64.90) (13.29%) Earnings per share (Baht per share) 0.3239 0.3735

; Share purchaser: Bangkok Airways Public Company Limited Issuer Company: U-Tapao International Aviation Company Limited 2 Parties involved in the Public-Private Partnership Agreement Governmental party

6M2016 mainly from higher freight cost from higher export volume and increasing of transportation cost. Share of Profit from Associated Companies The consolidated share of profit from associated companies

higher freight cost from higher sales volume in CNF incoterm. However, selling expenses of 3rd quarter of 2018 slightly decreased 0.23 percent from the same period of last year, mainly caused by lower

2020 slightly decreased 9.55 percent from the same period of last year, due to the higher sales volume in FOB incoterm, resulting in decrease in freight charges. In the 2nd quarter of 2020, selling