.(>100) (85.7%) 0.5 (1.4) N.A.(

) (25.8) EBIT Ratio (ร้อยละ) 4.3 12.8 (8.5) EBITDA Ratio (ร้อยละ) 16.3 17.3 (1.0) Remarks (1) Comprises of total revenue net dividend income, gain on foreign exchange, interest income and non-operating

% (26.89) (16.48%) Other Income 0.93 0.06% 1.55 0.08% (0.62) (39.95%) SG&A (26.79) (1.84%) (28.99) (1.57%) (2.20) (7.58%) Financial cost & Tax Expense 0.25 0.02% (3.46) (0.19%) (3.70) (107.12%) Net Profit

0.7 (11.4) N.A.(

last year by 9.6 percent. The Company has the average passenger load factor at 67.9 percent, declined from 69.8 percent. 3 ASIA’S BOUTIQUE AIRLINE The Company reported profit before income tax amounting

sales in a greater proportion than the reduction in costs of sales, which includes fixed expenses. In addition, there was an adjustment in packaging costs in some quarters as a result of more sales from

the net income and the changes in assets and liabilities from operations 2) Net cash used in Investment Activities amounted to 1,922.42 million Baht. This was mainly due to the investment in fixed

(1,348) (15) (1,452) (12) 104 (7) Fixed Costs (512) (6) (394) (3) (118) 30 Stock Gain/(Loss) (103) (1) (441) (4) 338 (77) SG&A (312) (3) (227) (2) (85) 37 Other Income 45 0 78 1 (33) (42) EBITDA 273 3 637

synergies from Spindletop, Lake Charles Gas Cracker and IVOG integration in 2020. These initiatives include procurement synergies, yield improvements, fixed cost synergies, technical benchmarkings and others

460.8 (31.3) (6.8) 881.5 932.1 (50.6) (5.4) Income tax expenses (84.4) (6.1) (78.3) (1,286.2) 20.5 174.2 (153.7) (88.2) Less: Dividend income 282.5 258.6 23.9 9.2 282.5 258.6 23.9 9.2 Interest received