, varied to the decreasing of revenue from sales of land and houses, details as presented in operating revenue table. Gross profit margin of land and houses in the first six months of 2019 and 2018 were

Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE Bangkok Airways Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the First Quarter of year 2018 ended 31 March 2018 Executive Summary

Bangkok Airways Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the First Quarter of year 2018 ended 31 March 2018 Executive Summary Thai economy in the first quarter of

well, the Company also intends to expand our business to CLMV countries (Cambodia, Lao PDR, Myanmar, Vietnam), which obtain an interesting direction of business growth. In the first quarter of , the

619 -9% -6% -4% 4% -14% -4% 38% 6% 3,754 5,940 321 1,143 3,359 5,980 489 1,212 -11% 1% 52% 6% Total Revenues 5,664 5,656 5,384 -5% -5% 11,157 11,040 -1% 2 Revenues In the first half of fiscal year 2020

structure of the Company was in the strength level and cash flow could be managed effectively, hence, there was no interest paid. According to the above mentioned reasons, the Company’s profit before income

) fund, which is managed by a person who has been named in a complaint filed by a foreign regulator on account of managing investment without approval.  If approached with a solicitation to invest in

high returns. PE focuses on long-term investment with a specific period of time in a start-up or high potential businesses. The funds will be managed by professional finance manager supervising for

, without derivatives fund management license, had jointly managed funds for others for profits from derivatives investment.  In so doing, they solicited and invited persons who wanted to invest in

Storage Property Fund (Montri Fund), established and managed by CIMB-Principal Asset Management Company Limited.Following the complaint against Nakul Chaiyanil, a former fund manager who prepared the