previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded since 2018

and nine month period of 2020 compared to the same period of the previous year, as follows: The third quarter of 2020 Vs 2019 1. Revenues The Company’s revenue in the third quarter of 2020 was Baht

(loss) for the year (from the separate financial statements) Baht (380.99) million Baht 470.09 million 3. Management Discussion and Analysis 3.1 Revenue from construction in 2019, has decreased by Baht

liters. * Note: Total Flights was data of flights that serviced by BAFS only at BKK and DMK The pandemic affects the Group in terms of services revenue. Total revenue of Q1/2020 was of Bt867.3 million

the financial performance for the second quarter of 2020 In the second quarter of 2020, the Company reported revenue of THB 176 million, which increased by THB 90 million from revenue of THB 86 million

7.5% or THB 25 mil from q-q, mainly caused by higher revenues from Business Form and Office Paper. Revenue Breakdown Mil THB 337 362.1 266 262.0 0.3 Q3 18 Q3 19 624.4 + 3.6% 603 +7.5% - 1.4% +100.0

, there is no demand for new installation. 2. Construction service income for the year sharply increased 207.40 Million Baht, accounting for 59.80% from previous year as the revenue recognition on progress

which requires the purchaser to divide the transfer fee by half with the seller, while stipulating that the seller is responsible for payment of income tax on revenue gained from the sale of the asset

company and its subsidiaries’ operating result for the 1st quarter ended 31st March 2020 Unit: THB Million Q1/2020 Q4/2019 QoQ Q1/2019 YoY Total Revenue 43,070 50,146 -14% 45,535 -5% Accounting EBITDA

9M2019 9M2018 YoY Total Revenue 46,481 48,326 -4% 53,461 -13% 140,343 143,244 -2% Accounting EBITDA 2,141 2,189 -2% 4,160 -49% 6,289 10,518 -40% Refinery and Trading Business Group 1/ 631 650 -3% 2,142 -71