91.2 87.3 3.9 4.5 Gain (Loss) on foreign exchange (60.2) (69.6) 9.4 13.6 111.9 65.3 46.7 71.5 8 ASIA’S BOUTIQUE AIRLINE July-September January-September 2018 2017 Variance 2018 2017 Variance Amount

2017 2016 Variance 2017 2016 Variance MB % MB % Gain on foreign exchange 99.5 45.4 54.1 119.3 134.9 106.1 28.8 27.2 Non-operating revenues (2) 0.1 (0.9) 0.9 106.4 0.4 4.0 (3.6) (90.8) EBIT (3) (397.2

) (84.0) Less: Dividend income 157.8 121.4 36.4 30.0 389.6 442.2 (52.6) (11.9) Interest received 26.2 35.6 (9.4) (26.4) 87.3 127.6 (40.3) (31.6) Gain on foreign exchange (69.6) 42.0 (111.6) (265.8) 65.3

-September 2019 2018 Variance 2019 2018 Variance Amount % Amount % Gain on foreign exchange 24.4 - 24.4 n.a. - 111.9 (111.9) (100.0) Non-operating revenues (1) 1.8 0.8 1.1 138.3 182.7 3.3 179.4 5,377.3 EBIT (2

Company has total revenue of 28,609.2 million baht, increased by 2.4 percent from the same period of the year 2018. This was largely due to special item from gain on sales of investments in BDMS amounting

) (25.8) EBIT Ratio (ร้อยละ) 4.3 12.8 (8.5) EBITDA Ratio (ร้อยละ) 16.3 17.3 (1.0) Remarks (1) Comprises of total revenue net dividend income, gain on foreign exchange, interest income and non-operating

, gain on foreign exchange, interest income and non-operating revenues. (2) EBIT, EBIT margins, EBITDA, EBITDA margins are not standard measures, nor measurements of financial performance or liquidity

equity holders (Exclude Gain (Loss) on exchange rate) 432 426 6 1.3% Net profit (loss) attributable to equity holders Margin (%) (Exclude Gain (Loss) on exchange rate) 5.6% 5.8% -0.2% EBITDA 1,031 1,036 -5

represents decreasing of 1 Million Baht (14%) from Q2/2017. The main cause for the lower net profit is economic in Thailand just recovery, and there is a delayed effect before reaching down to subcontractor

Public Company Limited, VGI recognised net gain from extraordinary items of THB 143mn  Net profit margin reaching 35.6%, while operating profit margin was 32.0% in 2019/20. KEY BUSINESS AND STRATEGIC