Microsoft Word - I-!9%*#8˙I-*ˇ@( Blue Sky 20200929 EN_MDA Year End - Translation - 1 ACC-O-2010003 October 1, 2020 To: President The Stock Exchange of Thailand Subject: Management Discussion and

Microsoft Word - I-!9%*#8˙I-*ˇ@( Blue Sky 20200929 TH_MDA Year End 1 ท ีACC-O-2010003 1 ตลุาคม 2563 เรือง การวเิคราะห์และคําอธิบายระหว่างงวดของฝ่ายจดัการ ชีแจงผลการดาํเนินงานสําหรบัปีสินสดุวนัที 31

Microsoft Word - I-!9%*#8˙I-*ˇ@( Blue Sky 20200929 EN_MDA Quarterly - Translation - 1 ACC-O-2010004 October 1, 2020 To: President The Stock Exchange of Thailand Subject: Management Discussion and

. The government spending would still be the crucial driver for Thai Economy, especially the investment in large transportation infrastructure projects such as Double – track railway project and sky train

100 per share) which is accounted for 38.00 percent of registered capital after the capital increase of Seahorse. And Seahorse plan to invest in the cargo and passengers-ship project between eastern

cargo handling For the three-month period Ended March 3 1 , 2 0 1 9 and March 3 1 , 2 0 1 8 , equal to 174 .70 million baht and 142 .96 million baht respectively, increased by 31 .74 million baht or 22

of flights at Suvarnabhumi airport and additional airline customers. This was also in line with the performance of BFS Cargo which also improved from prior year as a result of greater amount of tonnage

airport and additional airline customers. This was also in line with the performance of BFS Cargo which also improved from prior year as a result of greater amount of tonnage carried which grew by 9.6

Terminal Public Company Limited) and Global Cargo (Thailand) Limited To President The Stock Exchange of Thailand As the Board of Directors’ meeting of Namyong Terminal Public Company Limited (the “Company

for ground service equipment. 3. As of 31 March 2020, WFS-PG Cargo Company Limited (BFS Cargo) had 6 additional airline customers, causing total number of its customers to be from 71 to 77 airline