percent mainly from the increase in repair and maintenance expense in accordance to the schedule but the amortization of intangible asset under concession agreement of the MRT Blue Line Project decreased

Revenue from rail business 1,266 1,218 48 3.9 Revenue from commercial development business 199 167 32 19.2 Total revenue from main business 4,073 3,946 127 3.2 Interest income from the MRT Purple Line

business of Baht 2,477 Million, representing an increase by Baht 42 Million or 1.7 percent and revenue from Rail business of Baht 1,162 Million representing an increase by Baht 58 Million or 5.3 percent. In

Rail business consisted of costs of farebox, O&M cost and amortization on intangible asset under concession agreement of the MRT Blue Line Project. For the first quarter of the year 2020, the cost was at

percent. This was mainly from the operation of the SOE. (Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the Quarter Ended on June 30, 2017 3 2. Rail

same quarter of the previous year by Baht 503 Million or 12.3 percent. Toll revenue decreased by Baht 461 Million, revenue from Rail business decreased by Baht 56 Million whereas revenue from Commercial

Line Extension. Cost of Rail business consisted of costs of farebox, O&M cost, maintenance cost and amortization of intangible asset under the MRT Blue Line Project. For the year 2019, the cost was at

the previous year by 5.5 percent. Cost of Rail business consisted of costs of farebox, O&M cost and amortization of intangible asset under the MRT Blue Line Project. For the year 2018, the cost was at

370,311 trips/day representing an increase from the previous year by 5.1 percent. Cost of Rail business consisted of costs of farebox, O&M cost and amortization of intangible asset under the MRT Blue Line

line with the rising of the average ridership at 22,000 trips/day. Cost of Rail business consisted of costs of farebox, O&M cost and amortization of intangible asset under the MRT Blue Line Project which