. This led to a decline in average Passenger Load Factor (PLF) in this quarter (Source: International Air Transport Association). Thailand tourism industry in the first quarter of 2019 had a minor growth

931.9 1,274.7 Domestic 596.2 743.1 International 335.7 531.6 Passenger Load Factor Percentage 62.1 74.6 Domestic 69.7 80.6 International 51.9 67.6 Number of scheduled passengers carried Thousand 1,324.1

, followed by 4.8 percent growth in Europe, and 4.1 percent growth in Africa.The Middle East also ranked as the lowest growth region at 0.7 percent. In addition, the overall Passenger Load Factor (PLF) in the

% Revenue from service incomes 0.49 0.42% 0.51 0.44% 0.02 3.86% Revenue from rental incomes 0.70 0.60% 0.63 0.54% (0.07) -10.66% Total revenues 116.70 100.00% 115.48 100.00% (1.22) -1.05% Gross Profit

seasonal impacts from the peak in Q4. Normalized net profit (NNP) • NNP decreased 17.2% y-on-y / NNP attributable to owner of the parent decreased 13.5% y-on-y from Baht 830 million in Q1’2018 to Baht 687

softened y-on-y from an increase in gas cost per unit by 13.8% for 6M’2019 and 9.4% for Q2’2019 but the lag time adjustment of Ft charge. Normalized net profit (NNP) • NNP / NNP - owner of the parent in

gain on exchange rate. Net profit was shown at the amount of 637.3million baht for the first half of this year, increased from the same period last year by 592.9 million baht of which profit attributable

gain on exchange rate. Net profit was shown at the amount of 637.3million baht for the first half of this year, increased from the same period last year by 592.9 million baht of which profit attributable

Q1’2018, primarily due to high efficiency of our new power plants became commercial operation in recent years. Normalized net profit (NNP)  NNP increased 22.4% y-on-y from Baht 678 million in Q1’2017 to

DCON PRODUCTS PUBLIC Co.,Ltd. and Subsidiaries Company Management’s Discussion and Analysis (MD&A) For the Year 2019 1. Revenue,Gross Profit & Net Profit Unit :M.Bht Year 2019 Year 2018 Year 2017 1