with specific quantities and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that prevent risk from CPO’s prices fluctuation.  For 3rd

. The Company entered into short-term contract with specific quantities and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that prevent risk

business environment that will affect their operations over the next two to three years. These challenges are as follows. 1. Demographic shifts - Thailand is expected to become an aging society in 2021 when

per share (Baht) 17.59 16.08 1.51 Trade receivables aging summary Aging periods of trade receivables as at December 31, 2017 are shown in the table below: Unit: Million Baht 2017 2016 Change Increase

range target of 1-3% to be in line with the changes in financial conditions and structurally lower inflation stemming from 1) aging society 2) growth of e-Commerce and 3) technological advancement

baht in this quarter compared to previous year. These costs were higher during the period from the additional costs incurred for repairing and maintaining the aging aircraft. Cost of Passenger Services

previous year. These costs were higher during the period from the additional costs incurred for repairing and maintaining the aging aircraft. Cost of Passenger Services: in the first quarter of year 2018

baht to 2,775.9 million baht for the nine-month period comparing to the previous year. These costs mainly incurred for repairing and maintaining the aging aircraft and “Maintenance Reserve Fund” for new

costs were higher from the delivery of additional aircrafts. There was also some additional costs incurred for repairing and maintaining the aging aircraft in low travelling period. Aircraft Rental Costs

lease agreement. Hence, such costs were higher during the period from the delivery of additional aircrafts. There were also some additional costs incurred for repairing and maintaining the aging aircraft