Company business operation are engineering, construction,and installation of electrical and control systems. The Company has also been providing operation and maintenance services to offshore and onshore

distribution of round bar, steel products and structural steel products. Operating performance for the year ended December 31, 2019 Company and its subsidiaries with revenue from sales and services amount of

%) 186 86 (54%) Net Profit for the Company 63 (3) (105%) 123 10 (92%) Gross profit margin (%) 64.4% 54.9% (9.5%) 64.9% 59.5% (5.4%) EBITDA margin1 (%) 30.4% 18.6% (11.8%) 30.9% 23.6% (7.3%) Net profit

Profit 202 124 (39%) 592 340 (43%) EBITDA 98 65 (34%) 284 150 (47%) Net Profit for the Company 65 28 (57%) 187 38 (80%) Gross profit margin (%) 64.7% 62.6% (2.1%) 65.0% 60.6% (4.4%) EBITDA margin* (%) 31.2

Dusit Thani PLC Management Discussion and Analysis For 3Q19 and 9M19 P a g e | 1 Executive Summary In 9M19, Dusit Thani PLC (“The Company”) reported the net profit including attributable to non

Microsoft Word - MDA_DTC_EN_3Q19_V3.1 Dusit Thani PLC Management Discussion and Analysis For 3Q19 and 9M19 P a g e | 1 Executive Summary In 9M19, Dusit Thani PLC (“The Company”) reported the net

performance according to consolidated financial statement For the three-month period (April 1, 2019 – June 30, 2019) Unit : Million Baht 2019 2018 Revenue from sales and rendering of services (excluding fuel

total revenues of THB 2,407.17 million, a decrease of THB 153.73 million. Cost of sales and rendering of services was THB 1,716.07 million, an increase of THB 31.88 million. Gross margin was THB 691.10

) Million baht Million baht Million baht % Total revenue 444.51 501.45 (56.94) (11.36) Cost of sales and services (428.19) (577.56) (149.37) (25.86) Sales and Administration Expenses and Financial cost (21.41

The company reported net cash inflow of THB 381 million, mainly comprising • THB 339 million net cash received from operation. This was from cash inflow for revenue from sales and services, netted off