reflecting management actions on working capital optimization and extract efficiencies. Net working capital reduced by three days over last year. The Thai Baht strengthened 7% yoy and adversely affected

total assets, which reduced by Baht 1,430 million from year ended 2018 mainly due to decrease in the Inventory of the Subsidiary by Baht 2,133 million partly offset by increase in the Inventory of the

higher revenue from aqua feed which increased by 19.39%. Revenue from feed segment for 6M2020 was THB 1,480. 68 million, reduced by THB 40. 94 million or 2. 69% down as compared to 6M2019 mainly from

disruption, we expect a V- shape recovery in this segment with easing lockdowns as witnessed in Chinese domestic markets.  Mobility demand was impacted due to lower demand of replacement tire and reduced

269.5 million baht, decreased by 9.3 percent. The decreasing amount resulted from severely affected by covid-19 pandemic. Consequently, all airline 11 ASIA’S BOUTIQUE AIRLINE customers have reduced flight

Service Plc. 4 Financial position For the period ending December 2022, the total assets reduced -5.4% to Bt337,044mn compared to the end of 2021 when we acquired 700MHz and 26GHz spectrum licenses. There

momentum in enterprise business, partially offset by reduced device sales revenue. Excluding TTTBB impact, total revenue increased 0.7% from lower device sales. Core service revenue (excluding IC and NT

securities will be reduced. However, the Federal Reserve’s two policy rate increases in 2017 – which narrowed the gap between Thai and US policy rates – resulted in negative carry of foreign asset holdings

increased by 15% and 4%, respectively. 2. Total Marketing Margin in Q4/2017 decreased slightly compared to the previous quarter, due to retail margin which reduced as a result of product cost increment

minimum payment and adjusted to percent of revenue sharing payment during that time. Moreover, AOT reduced minimum payment for BAC since January 2011. 6 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and