from the rainy season in 3Q but continued to benefit from increasing tourism-related usage and efforts to uplift the ARPU. The competition stabilized since the beginning of the year while operators are
baht or 98.1 percent of net income. Earnings per share equaled to 0.32 baht 4 ASIA’S BOUTIQUE AIRLINE Notable Events Notable Events in the third quarter of 2018 1. The Company has revised flight
Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018
flooding in various areas. Also, there was an intense competition in the industrial market. While sales volume of the retail market was slightly lower, consequently due to the seasonal factor which had lower
some periods in the quarter, the retail price was incongruous with the product cost. As for the industrial marketing, it dipped from intense market competition. Power Plant Business Group recorded
STRATEGIC UPDATE IN 2019 2019 was marked by notable strategic developments for MACO. The company has successfully laid the foundation for growth in Malaysia and Indonesia, as well as expanded its footprint in
driving the public towards a cashless society, creating a queue-free and self-serve experience for BTS users. LINE Corp (“LINE”), as a shareholder of RLP, has taken a notable step with the aim of
THB -75.0 Mn compared to the same period in 2019. The main reason for the lower cash flow was the decrease in net profit which decreased THB -76.3 Mn year-on-year. Other notable cash flow changes were
period in 2019. The main reason for the lower cash flow was the decrease in net profit which decreased THB -190.5 Mn year-on-year. Other notable cash flow changes were (1) Depreciation and Amortisation
interest income, gain (loss) on exchange rate and other irregular items) in 2022 was also notable at Baht 2,293.8 million, compared to 1,282.3 million in 2021. Gain on foreign currency exchange rate was at