percent to 56.0 percent as a result from entering into agreement with more code share partners. The market with the largest incremental number of passengers was from point-of- 3 ASIA’S BOUTIQUE AIRLINE sale

consolidated financial statement had a net profit of Baht 150 million or 0.16 Baht per share, compare to the same period of the previous year, net profit is Baht 82 million or 0.09 Baht per share, representing a

to financial crises, reinforces property rights, reduces transaction costs and the cost of capital, and leads to capital market development. Weak https://www.sec.or.th/cgthailand/TH/Documents

28.3% compared to 31.6% which has an earnings per share of Bt1.52. However, excluding the special items for 2016, net profit attributable to equity holders of the Company will decrease by Bt 65.4 million

expenses 24 1% 36 2% (12) (33%) Administrative expenses 226 13% 225 12% 1 - Finance cost 33 2% 31 2% 2 6% Income tax expenses 48 3% 27 1% 21 78% 4 Selling expenses Selling expenses for the second quarter of

% Million Baht % Million Baht % Selling expenses 20 1% 21 1% (1) (5%) Administrative expenses 198 11% 275 15% (77) (28%) Finance cost 31 2% 33 2% (2) (6%) Income tax expenses 34 2% 19 1% 15 79% 4 Selling

share of THB 0. 13, comparing to a net profit of THB 24. 02 million or earnings per share of THB 0. 02 during the second quarter last year, an increase of THB 102.42 million or 426.44%. Details were as

. The plan involves offering 21,530,245,323 common shares at 0.05 baht per share to the existing shareholders in proportion to their shareholding (rights offering), up to a maximum of 14,353,496,882

investment which the Company has invested since January 2017. Cost of Sales and Gross Profit Unit : THB mm Unless otherwise stated For the three-month period ended 31 March 2017 2016 Total sales 156.20 138.38

[1Q19 VS. 4Q18] [1Q19 VS. 1Q18] FX: THB/USD 31.3204 32.5876 31.5288 Sales Revenue, THB 3,113.9 3,208.7 -3.0% 3,440.2 -9.5% [ Sales Revenue, USD $99.4 $98.5 +1.0% $109.1 -8.9% ] Cost of Sales 2,457.1