minimum payment and adjusted to percent of revenue sharing payment during that time. Moreover, AOT reduced minimum payment for BAC since January 2011. 6 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and
competitiveness in the fast moving aviation industry. (October 2018) 8. The Company has been certified by the International Air Transport Association’s Operational Safety Audit (IOSA) for the 6th time. The renewal
carrier that ranks in the Top 20 airlines based on its On-Time Performance (OTP). 8. In the second quarter, the Company has been awarded “Travelers’ Choice Awards – Regional Airline Asia 2019” from
portion increased to 25% from 2%. These COD achievements allow the company to maintain the record of managing projects to commence COD in time and in budget for 41 consecutive projects. Solar Projects
, new businesses will require a certain amount of time before starting to generate profit. Nevertheless, the Company’s food business performed as planned in terms of revenue growth and profitability
recorded at the time of acquisition of GLAND, which reflected the fair value of GLAND’s investment properties at that time. As a result, the depreciation and amortization expenses from those investment
of THB 754 mn and net profit at THB 85 mn). The difference versus GLAND’s reported statement of comprehensive income mainly comes from the investment properties that the Company recorded at the time of
, transferor, renter, or granter of rights over real estate to the REIT and its related persons, which shall not exceed 50 percent of the total value of the debenture offered at that time. In the case where the