quarter of 2018. Moreover, ICUK shall also give an emphasis on cost reductions particularly in redundant procedures to deliver appropriate rate of return on sales. In term of sales, ICUK continues to gain

revenue 2,347.0 2,394.4 2,421.5 +3.2% +1.1% 7,176.8 7,241.8 +0.9% Cost of Goods Sold Cost of sale of goods 1,271.2 1,257.3 1,249.0 -1.8% -0.7% 3,846.6 3,797.9 -1.3% Cost of rental and rendering of services

13.3 Average Stage Length Kilometers 703.8 738.9 Passenger Yield (2) Baht per Passenger - Kilometer 4.77 4.72 Revenue ASK (RASK) Baht per Available Seat - Kilometer 3.42 3.89 Cost per ASK (CASK) 3.40

refinery margin to shrink. In this quarter, even though the crude oil price situation continues to improve constantly from December 2018, the cost of a proportion of crude oil that was refined within this

delivery volume of pre-stressed concrete piles, fiberglass reinforced concrete and post-tensioned. (2) Cost of sales In 2017, the Company and its subsidiaries had total cost of sales at the amount of Baht

to the total revenue and total expenses for Q1–2018 and Q1–2017, it found that the change rate in total revenue which was 8.3%, was lower than the increase rate in cost which was 1.3% due to the gross

Ratio 2017 Ratio Increase / (Decrease) Amount Ratio Service revenue 1,832.11 100.00% 1,396.37 100.00% 435.74 31.21 Other income 18.00 0.98% 5.96 0.43% 12.04 202.01 Cost of service 1,454.70 79.40% 1,054.29

the contractors 3) sales of unused aviation refueling vehicles and 4) fuel tank rental services. 1.2 Expenses 1.2.1 Cost of services In 2019, Cost of services was of Bt1,829.2 million, increased by

: Overall Financial Performance Unit: million baht Jan-Dec 2018 % Jan-Dec 2019 % Change % YoY Revenue 523.23 100.0% 613.86 100.0% 90.63 17.3% Cost 285.52 54.6% 332.39 54.1% 46.87 16.4% Gross Profit 237.71

3,903 3,681 222 6.0% Sales and service income 3,628 3,588 40 1.1% Other income 127 92 35 38.0% Gain on disposal of investment 147 - 147 100% Cost of sales and services 3,400 3,351 49 1.5% SG&A expenses