Microsoft Word - MD&A Q12018- ENG.doc 1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the three-month period ended 31 March 2018 Bangkok Airways Public Company Limited and Its

Microsoft Word - MD&A Y2017 - ENG.doc 1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the period ended 31 December 2017 Bangkok Airways Public Company Limited and Its Subsidiaries

Company has 39 aircraft consists of; Fleet Type As of 30 September 2018 As of 30 September 2017 Airbus A 320 9 9 Airbus A 319 15 14 ATR 72-500 6 6 ATR 72-600 9 9 Total 39 38 One Additional Airbus A 319 with

Indonesia. The legal action in the case of EARTH has already been notified to the Anti-money Laundering Organization (AMLO).  The criminal complaint has been filed against EARTH and its three directors

receivable. As a result of the discussed factors, our profit for three-month period of 2019 was Baht 30.6 million versus Baht 24.2 million in Q1/2018 or equivalent to 26.12% increased. Comparison of Financial

| www.shotelsresorts.com Page 3 of 8 Overview The Company is a holding company engaging in the management of hotels and investments in international hotel companies. Over the past three fiscal years, the Company’ s

interest rate during Q2/2020. As a result of the discussed factors, our profit for three-month period of Q2/2020 was Baht 21.6 million versus Baht 25.0 million in Q2/2019 or equivalent to 13.66% decreased

downward trend of interest rate during Q3/2020. As a result of the discussed factors, our profit for three-month period of Q3/2020 was Baht 34.9 million versus Baht 30.8 million in Q3/2019 or equivalent to

Eng_MD&A Final Q3'19 November 13, 2019 Ref: SET-2019-011 Re: Management Discussion and Analysis for Quarter 3’ 2019 Attn. to: President The Stock Exchange of Thailand Filter Vision Public Company

MD&A Q2Y2017 _E_ 09.8.17 Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2017 Management Discussion and