Bangkok Airways Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the First Quarter of year 2019 ended 31 March 2019 Executive Summary Thailand’s economy slowly expanded

portfolio from short-term to long-term. As a result, non-current liabilities increased of 132.60 million baht. The Company's debt to equity ratio as at 30 September 2020 is 1.77 times. (as at 31 December 2019

last year, due to the lower cost of debt from refinancing bond issued in the second half of year 2016 and second quarter of year 2017. In addition, the Company has been closely monitoring the financial

654.55 million Baht or 65.85% of the revenue from the sale of real estate. For the first six-month period of 2019, the Company had the cost of sales of 420.70 million Baht or 60.94% of the revenue from

Management Discussion and Analysis For the first quarter ended March 31, 2019 (Unreviewed) Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations@kiatnakin.co.th Tel. +66

First Quarter of 2019 WHAUP finished our 1Q2019 with a Net Profit of Baht 424.2 million, a 40.8% decrease from 1Q2018 with Normalized Net Profit of Baht 394.2 million, a 15.3% decrease from 1Q2018. 1

services volume at BKK and DMK of 1,357 million liters, with the growth rate increased by 0.5%(y-o-y) and the total flights increased by 2.4%(y-o-y) to 69,441 flights. While for the first six months of 2017

total revenue in Q3/ 2017 and equivalent to 5.19 million THB or 3.18% of total revenue for Q3/2017. 1. Business Performance Analysis 1.1 Revenue For the first nine months of the year 2017 the Company

Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the year ended 31 March 2020 Executive Summary Thai Economy in the first quarter of 2020 happened into recession due to

-shutdown hours in the second quarter of 2021 lower than first quarter of 2021 which result in the increasing in overall revenue of biomass power plants. Moreover, sales of natural gas power plant also