may not match to IVL due to holdings segment (3) Periods with Restated or (R) are restated numbers as per the adoption of new and revised TFRS. Executive Summary The first nine months of 2017 have

sub-lease agreement and the variable portion based on the number of departing/arriving passengers from and to Samui Airport. However, in 2013, the Company had revised its accounting policy regarding the

passengers from and to Samui Airport. However, in 2013, the Company had revised its accounting policy regarding the recognition of long term loans from the related parties, in another word, the sub-lease

. Earnings per share for this quarter was 0.24 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Notable events in 1Q2019: Airline Business 1. The Company has revised flight frequencies due to passenger seasonal

for this quarter was 0.24 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Notable events in 1Q2019: Airline Business 1. The Company has revised flight frequencies due to passenger seasonal demand and has

Company was 189.6 million baht. Loss per share for the six-month period of 2019 was 0.09 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Notable events in 2Q2019: Airline Business 1. The Company has revised

Company had revised its accounting policy regarding the recognition of long term loans from the related parties, in another word, the sub-lease agreement from SPF. The revised policy stipulated that the

Company had revised its accounting policy regarding the recognition of long term loans from the related parties, in another word, the sub-lease agreement from SPF. The revised policy stipulated that the

profitability. Plus, capacity utilization will be improving. Consequently, the Company revised that there would be no sales growth for 2018 (revised from the previous 30% sales growth target). However, the

A-1 CODE OF CONDUCT FUNDAMENTALS FOR CREDIT RATING AGENCIES THE BOARD OF THE INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS REVISED MARCH 2015 A-2 CODE OF CONDUCT FUNDAMENTALS FOR CREDIT RATING