. The variance was mostly due to an increase in selling expenses resulted from an increase in number of patients and an increase in employee management expenses. Profit to equity holders of the company

excess baggage divided by RPKs. Operating performance summary for the period ended June 30, 2017 Unit: million baht April-June January-June 2017 2016 Variance 2017 2016 Variance MB % MB % Net profit (loss

and management services provided to other companies. Proportion of the Main Income of the Company and Subsidiary Companies Unit: Million THB Type of Income Q3/2019 Q3/2018 %Variance 9 Months 2019 9

period ended March 31, 2018 comprises Bangkok Airways’ financial statement and eleven subsidiaries as follows: Unit: million baht January-March 2018 2017 Variance Amount % Net profit (loss) for the period

Bangkok Airways’ financial statement and eleven subsidiaries as follows: Unit: million baht January-March 2018 2017 Variance Amount % Net profit (loss) for the period 719.3 565.0 154.3 27.3 Plus: Finance

: million baht January-March 2020 2019 Variance Amount % Total revenue 6,423.2 7,789.9 (1,366.7) (17.5) Operating revenue (1) 6,082.5 7,707.2 (1,624.7) (21.1) Total expenses 6,683.6 6,920.3 (236.7) (3.4) Net

/Loss Statement in Q1/2018 and 2017 Numbers Consolidated Financial Statement Separate Financial Statement Q1/2018 Q1/2017 %Variance Q1/2018 Q1/2017 %Variance 1. Main income (million THB) 2,499.53 2,472.66

Consolidated Financial Statement Separate Financial Statement 2018 2017 %Variance 2018 2017 %Variance 1. Main income (Million THB) 11,252.25 9,612.85 17.05% 9,110.95 7,796.72 16.86% 2. Gross profit from sale

and its subsidiaries performance are comparative performance of the second quarter of 2017 and the second quarter of 2016; Table: Operating Results (Unit: Million Baht) Items Quarter Variance Quarter

; LH Financial Group Public Company Limited Management Discussion and Analysis for the Second Quarter ended 30 June 2017 Page 9/23 Table: Operating Results (Unit: Million Baht) Items Quarter Variance