consist of residential projects, office buildings and hotels, in the same complex as the shopping malls to support and maximize the benefits of the latter’s business. In 2019, CPN have made notable

ASIA’S BOUTIQUE AIRLINE Notable Events Airline Business 1. In 2019, the Company has revised flight frequencies due to passenger seasonal demand and has increased flight frequencies, operated new routes

consist of residential projects, office buildings and hotels, in the same complex as the shopping malls to support and maximize the benefits of the latter’s business. In 2019, the Company have made notable

into year-end due to continued strength at our customers taking into account the normal seasonal effects” 2. Outlook Marco environment experienced some notable headwinds particularly in the tourism

(mostly related to Thai Financial Reporting Standard No. 16 (TFRS 16). Other notable cash flow changes were (1) Trade and other Current Payables which increased by THB 80.7 Mn (2) Accrued Expenses which

full year 2021 was also notable at Baht 1,282.29 million, compared to 542.08 million in 2020. On average, our core operating profit in 2021 was strong at an average of Baht 320 million per quarter. Gain

2022. Core Operating Profit (defined as Earnings before Interests and Taxes exclude interest income, gain (loss) on exchange rate and other irregular items) for 9M 2022 was also notable at Baht 1,509.1

, together with aircraft rental costs from wet lease arrangements during the period. Earnings per share for the six-month period of 2017 was 0.01 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Notable events

THB -75.0 Mn compared to the same period in 2019. The main reason for the lower cash flow was the decrease in net profit which decreased THB -76.3 Mn year-on-year. Other notable cash flow changes were

period in 2019. The main reason for the lower cash flow was the decrease in net profit which decreased THB -190.5 Mn year-on-year. Other notable cash flow changes were (1) Depreciation and Amortisation