in Associates The Company reported share of profit from associated companies for year 2018 at 802.5 million baht, decreased by 1.6 percent compared with the same period last year. That was due to a

expenses (4.51) (59.97) (5.21) (2,480.95) Financial cost (0.03) (0.40) (0.06) (28.57) Share of loss in associates (15.06) (200.27) (11.71) (5,576.19) Total expenses (32.57) (433.11) (33.99) (16,185.71

loss in associates (27.89) (365.53) (29.27) (5,739.22) Total expenses (123.60) (1619.92) (205.07) (40,209.80) Profit (Loss) before tax (113.79) (1,491.35) (197.67) (38,758.82) Tax - - - - Net Profit

claimed from maintenance reserve fund, breakage revenues and flyer bonus revenue. Share of Profit from Investments in Associates The Company has share of profit from associated companies decreased from

impairment of investments in associate (0.01) (0.05) (1.64) (268.85) Management benefit expenses (11.30) (58.89) (14.16) (2,321.31) Financial cost (0.12) (0.63) (0.14) (22.95) Share of loss in associates

derived from maintenance reserve fund awaiting for reimbursement, ticket fee, breakage revenues. 12 ASIA’S BOUTIQUE AIRLINE Share of Profit from Investments in Associates The Company reported share of

) (149.44) 41.71 27.91% 6 Finance costs (14.56) (13.10) 1.46 11.15% Share of profit (loss) of associates (1.32) - 1.32 100.00% 7 Profit before income tax 104.50 78.33 26.17 33.41% Income tax (30.75) (19.28

) -11.6 Total expenses 3,167 3,252 (85) -2.6 Profit before income tax expenses 958 807 151 18.7 Income tax expenses 196 163 33 20.2 Profit before share of profit from associates and NCI 762 644 118 18.3

business. In addition, in Q2-2020, UWC recorded Shares of Profit in of Associates in the amount of THB 24.38 million. Net loss in the 6-month period of 2020 was THB 194.40 million, decreased by 35.83% from

before share of profit from associates and NCI 824 940 -12.3 1,487 4,755 -68.7 Share of profit from investments in associates, net - - - - 173 -100.0 NCI (2) (3) 33.3 (5) (15) 66.7 Profit attributable to