% from 31 December 2018. • Current assets decreased by THB 238 million from mainly received from trade and other receivable. • Non-current assets increased by THB 1,435 million mainly from prepaid rental

Company to the Purchaser, shows that there is a deficit in shareholders’ equity of more than Baht 65,000,000. In this case, the selling price of the shares will be deducted by the deficit amount of

and according to target. In 3Q19, growth in the Thai economy decelerated primarily driven by a decline in export growth from world-trade sluggish effecting from Trade War. However, the Thai economy is

financial statements in which the equity method is applied of the Company ended 31 December 2017.In addition, during the past 6 months, the Company did not have any other acquisition transactions of other

which was long term, lower from Bt98bn. Shareholders’ equity was Bt37,656mn, declining 12% due to lower retained earnings. Current ratio stood at 0.43x, down from 0.46x in 4Q16. With improving EBITDA and

which profit attributable to the equity holder of the Company was 710.5 million baht. Earnings per share for this quarter was 0.34 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Notable events in the

to the equity holder of the Company was 710.5 million baht. Earnings per share for this quarter was 0.34 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Notable events in the first quarter of 2018 1

million from the increase in debentures and the implementation of the new TFRS 16 – Lease implementation of Baht 7,527 million. Shareholders’ Equity As of 31 March 2020, Shareholders’ Equity of Baht 5,175

increased degree of uncertainty in global economies and trade policies, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Acting upon our strategy of strengthening

maintenance service provided in the fourth quarter. 11 THB Mn THB Mn THB Mn % Cash and cash equivalents 482.9 71.9 411.0 571.6 Trade and other receivables 829.0 820.0 9.0 1.1 Receivables under finance lease