mainly due to the increase in total revenue at a higher proportion than the increase in total expenses. EBITDA and EBITDA MARGIN: • The Company reported Net Profit in Q1/2023 of THB 34 million, increased

.Commerce and others 0.7 - 0.7 0.4 0.3 0.1 0.3 (0.3) 0.6 Total 62.0 44.6 17.4 47.0 20.6 26.4 15.0 24.0 (9.0) Segment Revenue Cost Gross Profit For nine-month period ended 30 September For nine-month period

percent. (Source: Ministry of Tourism and Sports). 3 ASIA’S BOUTIQUE AIRLINE For the overall Thailand tourism industry in 2019 increased only 4.2 percent. Tourists from South Asia region had the highest

not exceeding 51 percent of the total issued shares of the Company by purchasing from the existing shareholders i.e. Mr. Jirasak Prempojwattana (“Mr. Jirasak”), in the total number of 15,300,000 shares

Hero Experience will increase from 805,264 shares, or 30 percent of registered capital of the company, at Baht 335.29377 per share for the total price of Baht 270,000,000, to the subscription of newly

of not exceeding 51 percent of the total issued shares of the Company by purchasing from the existing shareholders i.e. Mr. Jirasak Prempojwattana (“Mr. Jirasak”), in the total number of 15,300,000

Tourism Authority of Thailand, namely “Amazing Thai Taste” (Source: Ministry of Tourism and Sports). The number of passengers of Bangkok Airways increased by 4.5 percent for the second quarter of 2017. The

percent, was decreased by 8.2 percent. This leads to a slow growth of international tourist arrival to Thailand ( Source: Ministry of Tourism and Sports) . Furthermore, the strengthening of Thai Baht and

BOUTIQUE AIRLINE destination to Thailand instead. The number of family oversea trip from China was also noticeable due to the school break during this period (Source: Ministry of Tourisms and Sports). The

) and Germany (11.9% drop) (Source: Ministry of tourism and sports). One of the reason is the effect of FIFA world cup 2018 event hosted in Russia, especially during a month of June, corresponding with an