exchange gain The Company recorded consolidated net gain on foreign exchange for the year 2017 amounting to THB 1,245 million (Separate: THB 826 million). The gain is attributed to the appreciation of the
improvements but certain limitations still remain 1) Structural problems in the Thai economy leading to a still low level of private consumption 2) The appreciation of Thai Baht due to the high current account
but adversely impacted from strengthened THB appreciation against USD and PHP. Without such FX impact, revenue from overseas owned hotel should have increased by 7.6%. Revenue increase were contributed
be cautious upon 1) Crude oil and commodity prices trend - recovering trend will aid Thailand's inflation to rise which in turn will result in rise of farm income and ease Thai Baht appreciation via
mainly due to a decrease of Availability Payment (AP) according to the PPA and Baht appreciation, comparing to the same period of the previous year. Page 14 EGCO: Unit : Million Baht Quarter 3 Change
uncertainty and the escalation of US-China trade war pressured investment sentiment across the globe. Second half of this quarter, the resulting from the baht appreciation and the MSCI rebalancing for higher
competition and appreciation of Thai Baht caused drop of average fare by 5.8 percent along with passenger yield per RPK that decreased by 4.3 percent comparing with the same period last year. Revenue from