performance of the Group Unit: Million Baht Q3’ 2019 Q3’ 2018 Increase (decrease) Variance (%) Total revenues 1,701 1,875 (174) (9%) Net profit 112 137 (25) (18%) The Group’s total revenues for the third

of Thailand Overall operating performance of the Group Unit: Million Baht Q1’ 2020 Q1’ 2019 Increase (decrease) Variance (%) Total revenues 1,572 1,677 (105) (6%) Net profit 73 81 (8) (10%) The Group’s

261.58 million baht. In the second quarter of 2019, sales quantity and selling was declined because of the fluctuation of raw material cost and keen competition of domestic market. In case of export, the

as 210.28 Million Baht decreased or 67.95% when compared to same period of previous year of 309.47 Million Baht by fluctuation from project quantity delivered to customers and recognize all remaining

caused from price variance during the year compared to previous year. 3. Selling and Administrative Expenses For the year 2019, the Company’s SG&A expenses was USD 143.53 million (or equivalent to Baht

, but excluding excess baggage divided by RPKs. 10 ASIA’S BOUTIQUE AIRLINE Operating performance summary for the period ended December 31, 2019 Unit: million baht January-December 2019 2018 Variance

period ended 30 September 2017 and 2016 are as follows; Unit: THB million Three-month period Variance +/(-) Nine-month period Variance Q3’16 Q2’17 Q3’17 QoQ YoY Q3’16 Q3’17 +/(-) 1. Revenue from sales and

million Three-month period Variance +/(-) Six-month period Variance Q2’17 Q1’18 Q2’18 QoQ YoY Q2’17 Q2’18 +/(-) 1. Revenue from sales and contract work - 1.2 0.9 (25.0%) - 1.2 2.1 75.0% 1.1 Turnkey Total

1/2 Ref: CIG 015/2018 March 12, 2018 Subject: Profit and loss reporting the financial statements for the year ended December 31, 2017 and explanation of more than 20 percent fluctuation in profit and

from sales: details as follow. The decrease in sales revenue is a result of the reduced sales volume. Due to the fluctuation of raw material prices and exchange rates in the past, the company has to