. 4. Administrative expenses For Quarter 1 of the year 2020, the administration expenses was 11.96 million baht or 12.09% from sale revenue compared to the same period last year at 13.99 million baht or

% 91.37 % - (2.71) 1.5 Selling and distribution expenses 42.49 MB 30.73 MB 11.76 MB 38.27 1.6 Administrative expenses 134.94 MB 146.06 MB (11.12) MB (7.61) 1.7 Finance cost 61.97 MB 50.94 MB 11.03 MB 21.65

2.53 2.91 (0.38) 13.06% Distribution costs (0.97) (1.38) (0.41) (29.71%) 3 Administrative expenses (39.62) (40.36) (0.74) (1.83%) Profit before expenses 12.93 40.35 (27.43) (67.96%) Finance costs (5.63

) (64.6)  Airlines 33.1 483.0 (499.9) (93.1) 347.6 992.2 (644.6) (65.0)  Airports, Airport- related Operations and Others 4.1 8.0 (3.9) (48.4) 9.9 18.1 (8.2) (45.3) 3. Administrative Expenses 715.9 600.2

from 2018, resulted from the increase in the gross profit and the decrease in the selling expenses and administrative expenses from the previous year. Financial Positions Assets As at 31 December 2018

Million Baht decreased or 26.38 percent when compared to same period of previous as amount of 45.80 Million Baht due to decline on sale which cause decline in delivery  Administrative expenses of 208.47

14.10 22.86% Other income 3.22 2.96 0.26 8.78% Profit before expenses 79.01 64.66 14.35 22.19% Selling expenses (1.32) (6.83) (5.51) (80.67%) 3 Administrative expenses (41.57) (36.98) 4.59 12.41% Finance

43.72 million Baht 29.83 million Baht 13.89 million 46.56 1.6 Administrative expenses Baht 136.79 million Baht 133.79 million Baht 3 million 2.24 1.7 Finance cost Baht 57.25 million Baht 51.46 million

2021. Increase sales volume, internal cost reduction activities, productivity improvement and turnaround of Portugal contributed to the improvement of gross profit margin. Selling and administrative

operations and the full lockdown in Malaysia for around 2 months. Selling and administrative expenses slightly increased from Baht 299.57 million in Q3 2020 to Baht 309.99 million in Q3 2021. This increase is