airline and airport related business and provide duty free goods and services. Management’s Discussion and Analysis Bangkok Airways is a full serviced airline providing premium service to passengers

General information Name of the Company NML Co., Ltd. Juristic Registration No. 0105549115491 Type of Business Transportation and loading of goods and passengers Principal Office 1854 Bang Na-Trad Rd. Bang

นทีถ่กูปรบัลด นัน้จะตอ้งมาบวกกลบัในต้นทุนขาย (Cost of Goods Sold) ของบรษิทัฯ ดว้ย และในช่วงทีบ่รษิทัฯ ตอ้งสะสมวตัถุดบิตามฤดูกาล ราคายางธรรมชาตไิด้ปรบั เพิม่ขึ้นอย่างรวดเร็ว ส่งผลให้เกิดขาดทุนจากตราสาร

, consumer confidence depression and high level of household debt though, there was some spending of consumer goods from the COVID-19 pandemic distress. However, the government sector has launched remedial

University, Phuket Campus which is set up to treat COVID-19 infected patients. This includes transport of medical supplies and essential goods which are much needed in fight against COVID-19. Airport Related

continued to contract, especially investments in machinery and capital goods. The delays in business investment were attributable to weak demand and concerns over the uncertain economic outlook in the period

Company No. 3 (FVC-W3) 5.2 To utilize the funds derived from the exercise of FVC-W3 for the payment of goods purchased from aboard 5.3 To utilize the funds derived from the exercise of FVC-W3 for the

demand faced contraction in the same direction as private consumption on durable goods and services significantly contracted because people avoided going outside. Other fators include the suspension of a

to the year of 1,586 Million Baht. This was due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of USD $700K from Japan perpetual license deal

% for the warehouse rental and service business which decreased from 57.0% in the same period of previous year, mainly due to change in product mix between Built-to-Suit and Ready- built facilities. 2