or 97.0 percent of which profit attributable to the equity holder of the Company was 14.8 million baht. The weaker net profit was mainly due to substantial increase in fuel costs and excise tax on fuel

February 28, 2019 Subject: Managing Discussion and Analysis for Year2018 To: Managing Director The Stock Exchange of Thailand The company would like to report to operation results for the company and

price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and

Please enter search criteria Search Company BA: BANGKOK AIRWAYS PUBLIC COMPANY LIMITED BAFS: BANGKOK AVIATION FUEL SERVICES PCL. BAM: BANGKOK COMMERCIAL ASSET MANAGEMENT PUBLIC COMPANY LIMITED BANPU: BANPU

Energy Recovery Unit from Thai Oil Public Company Limited and entry into the relevant agreements (Edited) Attention: President Stock Exchange of Thailand Enclosure: Information Memorandum on Asset

Yield (2) Baht per Passenger - Kilometers 4.79 4.91 Revenue ASK (RASK) Baht per Available Seat - Kilometers 3.95 3.74 Cost per ASK (CASK) 3.30 3.36 Cost per ASK excluding fuel cost 2.70 2.70 RASK – CASK

- Kilometers 4.79 4.91 Revenue ASK (RASK) Baht per Available Seat - Kilometers 3.95 3.74 Cost per ASK (CASK) 3.43 3.36 Cost per ASK excluding fuel cost 2.76 2.70 RASK – CASK 0.52 0.38 Remark (1) These figures

Assets and Connected Transaction for the Entire Business Transfer and Allocation of Securities to the Specific Investor (Private Placement) To The President The Stock Exchange of Thailand Attachment 1

addition, a rise in fuel price can be observed. Meanwhile, Ministry of finance revealed that the inflation rate of 2017 is expected at 0.7 percent, increasing 0.2 percent from last year. Considering global

Company Limited. The objective is to invest in duty free business.(April 2018) 10. The Company bought 60 million shares of Bangkok Aviation Fuel Service Public (BAFS) amounted by 2,267 million baht. Total