Financial cost (0.31) (0.06) (0.69) (0.15) 0.38 (54.95) Profit (loss) before income tax expenses (32.74) (6.05) (31.11) (6.59) (1.62) 5.52 Income tax (expense) revenue 5.65 1.04 (7.33) (1.55) 12.98 (177.07

liabilities 6,147,282,272.03 8,592,917,793.40 8,315,569,100.36 Shareholders’ equity 12,410,634,661.68 12,413,808,723.95 12,934,637,490.53 Consolidated Profit/Loss Statements Income and sales and service

expenses (11.98) (10.23) (12.16) (9.99) (0.18) (1.49) Financial cost (4.69) (4.00) (0.12) (0.10) 4.57 3,910.38 Profit (loss) before income tax expenses (10.94) (9.34) (7.64) (6.27) 3.30 43.27 Income tax

yield per RPK was shown at 4.44 baht, weakened from year 2016 by 9.0 percent. The Company reported profit before income tax amounting to 1,318.4 million baht, decreased from the same period last year by

(12.16) (9.99) (13.27) (12.99) (1.11) (8.39) Financial cost (0.12) (0.10) (0.21) (0.21) (0.10) (44.96) Profit (loss) before income tax expenses (7.64) (6.27) (13.36) (13.08) (5.73) (42.86) Income tax

13.03 0.19 1.82 -2.41 -18.50 21.05 22.78 -1.73 -7.59 Financial Cost 0.22 0.22 1.89 - - -1.67 -88.36 0.45 3.16 -2.71 -85.76 Profit (loss) before income tax expenses -14.29 -15.87 -23.78 1.58 -9.96 9.49

expenses 10.14 10.62 11.69 -0.48 -4.52 -1.55 -13.26 31.19 34.46 -3.27 -9.49 Financial Cost 0.25 0.22 0.97 0.03 13.64 -0.72 -74.23 0.70 4.13 -3.43 -83.05 Profit (loss) before income tax expenses -10.83 -14.29

(loss) before finance cost and income tax (2.70) (39.61) (32.89) (16.09) Finance cost (0.30) (1.25) (2.00) (1.09) Profit (loss) before income tax (3.00) (40.86) (34.89) (17.18) Income tax - - - - Profit

First Quarter of 2020 1. EXECUTIVE SUMMARY WHAUP finished our First Quarter of 2020 with a Normalized Net Income of Baht 219.0 million, a 18.8% decrease from 1Q2019 while Net Profit of Baht 43.5 million

(43.6) (49.6) (49.5) (51.8) 2.3 4.6% (132.1) (194.5) 62.4 47.2% Profit before income tax 287.0 342.5 345.7 157.8 (187.9) (54.4%) 1,374.2 1,133.0 (241.2) (17.6%) Tax income (expenses) (12.1) (26.8) (29.0