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

rights to operate expressway sectors in align with the traffic volume. 2. Rail business The Company had revenue from Rail business of Baht 1,182 Million, representing an increase from the same quarter of

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

connects with other rail lines such as Green Line, Purple Line, Orange Line, Red Line and Airport Rail Link which is convenience for the passengers. (Translation) Bangkok Expressway and Metro Public Company

rail business 5,022 4,736 286 6.0 Revenue from commercial development business 783 705 78 11.1 Total revenue from main business 16,107 15,615 492 3.2 Interest income from the MRT Purple Line Project 380

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

2nd Quarter Changes 2019 2018 Amount % Revenue from expressway business 2,521 2,477 44 1.8 Revenue from rail business 1,162 1,162 - - Revenue from commercial development business 179 160 19 11.9

an increase from the same quarter of the previous year by Baht 95 Million or 7.4 percent. This was mainly from the operation of the SOE. 2. Rail business The Company had revenue from Rail business of

2017, the cost was at Baht 5,430 Million, representing an increase from the previous year by Baht 447 Million or 9 percent. This was mainly from the operation of the SOE. 2. Rail business The Company had