Discussion and Analysis Bangkok Airways is a full serviced airline providing premium service to passengers. Company owns and operates 3 airports which are Samui Airport, Trat Airport and Sukhothai Airport. In

over net earned premium increased from 57.77% in the same quarter last year to 62.51%, as the terms and conditions of compulsory motor insurance had been adjusted in accordance with the notification of

the ratio of the claim expenses (including loss adjustment expenses) over net earned premium increased from 60.22% in the previous year to 61.59% in the reported year because of the fact that the

amount of Baht 20.15 million due to the increase of earned premium net of reinsurance in amount of Baht 25.91 million 2. Income from investment and other income compared to the same period of last year

235.81% due to net earned premium and fee and commission income amounted to Baht 586.04 million, an increase of Baht 119.33 million or 25.57%, while net claim and operating expenses increased by only 5.66

liabilities 4,058.16 3,116.90 Paid-up share capital 515.00 1,850.00 Premium on ordinary shares - 1,722.87 Retained earnings (loss) (81.40) (77.25) Other components of shareholder’ equity (44.87) (83.51) Total

customers with different lifestyles. Following the re-opening in 1Q18, the shopping mall had approximately 10% YoY increase in traffic and the occupancy rate increased to 88% from 82% as of the end of last

locations in different regions allows us to compet- itively serve these markets amongst as well. Business Analysis IVL’s leadership position in advantaged feedstocks; large position in polyester feedstocks

capacity of medical services during high season. 9. The opinion of the Board of Directors and/or Audit Committee, which is different from No.8 - None – 10. Liability of the Board of Directors of the Company

a 45% increase in our core 2017 EBITDA in 2019. The business reality today is materially different to when the guidance was published. We therefore believe there is a meaningful upside to the