subsidiary, please kindly find the following attachment. Please kindly be informed accordingly. Yours faithfully, Mr. Geza Emil Perlaki Managing Director For period ended 31 December 2019 MANAGEMENT DISCUSSION

of the year 2017. The significant decreasing came from the reduction of the revenue construction works of renewable energy power plants projects in private sector according to industrial sector was

increase by Baht 42.70 million or an increase of 11.57 percent from the same period of previous year, due to effective management of production cost and selling expenses. Details of the changes or impacts

the 6 months ended June 2019, East Water Group had total consolidated sales and services income of 2,360.75 million Baht, increased by 267.68 million Baht or 12.79% compared to the same period of 2018

1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the period ended 30 June 2019 Bangkok Airways Public Company Limited and Its Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE Bangkok Airways

(8.18) (7.85) 0.33 4.20% Profit for the period 35.17 20.37 14.80 72.66% Profit attributable to: Owners of the parent 25.35 16.50 8.85 53.64% Non-controlling interests 9.82 3.87 5.95 153.75% tel:02-455

, sales growth in this quarter would become approx. 15.0% over the same period of last year. Sales growth remains driven by Power Electronics business group, especially power supplies for automotive sector

been mainly driven by improvements in tourism and industries related to the export sector. In contrast, provinces that rely on agriculture have not yet seen a clear pick-up, despite higher agricultural

วันที่ 15 ตุลาคม 2545 1 NO. (SUTHA-SET) 009/2018/EN 16 May 2018 Subject: Management Discussion and Analysis of the Company and subsidiary for the period ended 31 March 2018 To: The President of the

the 9 months ended September 2019, East Water Group had total consolidated sales and services income of 3,520.24 million Baht, increased by 349.33 million Baht or 11.02% compared to the same period of