liabilities of Baht 108.43 million, resulting from the increase in lease liabilities, net of current portion of Baht 117.93 million from the adoption of new financial reporting standards, TFRS 16 Leases to

Power Company Limited ("HPC"), a joint venture, in a portion of 40 percent increased in the amount of Baht 599.48 million; as well as, the profit of Phu Fai Mining Company Limited, a joint venture for

2nd Quarter 2018 Page 2 of 13 Overall Financial Performance and Profitability Business Segment 2Q 2018 2Q 2017 Change 6M 2018 6M 2017 Change THB million % THB million % THB million % THB million % THB

million in 3Q2018, representing an increase of THB 117.30 million or 2.67% up from 3Q2017 mainly from higher revenue from chicken processing segment and farm & DOC segment which increased by 5. 06% and 6

depends on the nature of the item being hedged. In case of Cash Flow Hedges, only the effective portion of changes in the fair value of the derivative financial instrument is recognized in other

went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with

while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with high probability towards 2018 and afterwards, if China and major steel producing countries do not adequately

Operating Debt to Equity (times) 0.39 0.54 0.80 (51)% 0.39 0.80 (51)% 1Consolidated financials are based upon elimination of intra-company (or intra-business segment) transactions 2Total of each segment may

Company was 710.5 million baht or 98.8 percent of net profit. 9 ASIA’S BOUTIQUE AIRLINE Revenue Consolidated revenue of the Company, excluding the inter-segment revenue, is divided into 4 segments as

million baht or 98.8 percent of net profit. 9 ASIA’S BOUTIQUE AIRLINE Revenue Consolidated revenue of the Company, excluding the inter-segment revenue, is divided into 4 segments as follows: Unit: million