vision of the management in order to assist investors to better understand the company's financial status and operation. It also supports the "Good Corporate Governance Project" of the Securities and
understand the Company and its subsidiaries’ 2017 audited financial statements. An Analysis of Performance * Analysis of Income The Company and its subsidiaries recorded the total revenue of 19,403 MTHB of
billion) of income, an 11.7 percent increase from 2016. The main driver of tourism income was spending by Chinese tourists. Meanwhile, global financial markets experienced occasional volatility amid
2017. The MD&A would enable the investors to better understand the Company and its subsidiaries’ 2nd quarter of 2017 reviewed financial statements. An Analysis of Performance * Analysis of Income The
investors to better understand the Company and its subsidiaries’ 3rd quarter of 2017 reviewed financial statements. An Analysis of Performance * Analysis of Income The Company and its subsidiaries recorded
made to disclose information and the vision of the management in order to assist investors to better understand the company's financial status and operation. It also supports the "Good Corporate
understand the presumption of the absorption costing estimation of the Company and its subsidiaries. 5) Providing clearer explanation for the sources in which the proceeds derived from the capital increase