, a decrease of Baht 46.77 million or down by 13.44% as compared to the previous year. This was due to the lower earnings before tax. Table 2: Financial Summary for the nine-month period of the year

cumulative effect is recognized as an adjustment to the retained earnings as at 1 January 2020, and the comparative information was not restated. The impact to Financial statements of such adoption was

% Income tax expenses -2.79 -0.72 2.07 288% Net income for period 1.80 0.01 1.79 17900% Earnings per share (THB) 0.01 0.00 0.01 17900% FY 2020 FY 2019 YoY change YoY % change Unit: Million Thai Baht (THB

Issued and paid-up share capital 1,316.25 1,316.25 - 0.00% Premium on ordinary shares 264.33 264.33 - 0.00% Surplus - warrants 310.00 310.00 - 0.00% Retained earnings (1,824.19) (1,624.52) (199.67) 10.95

-1.18 -50% Net income for period -1.68 14.96 -16.64 -111% Earnings per share (THB) -0.01 0.05 -0.06 -111% FY 2019 FY 2018 YoY change YoY % change Unit: Million Thai Baht (THB) Sales and service income

Basic earnings per share (Baht) 0.06 0.20 (0.14) (Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the Quarter Ended on September 30, 2019 2 In the

significant changes Balance by Quarter Change Q3–22 Q4–21 Q3–22 VS Q4–21 (MB) (MB) % Share Subscriptions received in advance from exercise of warrants 599.0 - 599.0 100.0 Retained earnings - Unappropriated

&A in terms of % to revenue improved from 7.0% in Q3 2021 to 6.0% in Q3 2022. Core operating profit (defined as Earnings before Interests and Taxes exclude interest income, gain (loss) on exchange rate

+ จำนวนหุ้นรองรับที่เสนอขายครั้งนี้ Earnings per share dilution = Earning per share ก่อนเสนอขาย - Earning per share หลังเสนอขาย Earning per share ก่อนเสนอขาย โดย Earning per share ก่อนเสนอขาย = กำไรสุทธิ

doubtful accounts, and income tax expenses 1,255.9 867.6 388.3 44.8 Profits before income tax expenses 925.9 712.6 213.3 29.9 Net profits 771.1 586.6 184.5 31.5 Earnings per share (Baht) 0.036 0.043 (0.007