. Overall market environment The Thai economy for the first 9 months of 2019 grew at a slower pace from both the domestic and external demands. Private consumption slowed down in almost all categories

. Private investment continued to contract in all investment categories from the slowdown in domestic and external demands and also from the lower business sentiment impacted by the outbreak. Meanwhile

in the long run. Given the current situation, the Company anticipates that it will take approximately 3 years to see revenues come back to before COVID-19 level. Phase 1 : Domestic tourism With

categories from the slowdown in domestic and external demands and also from the lower business sentiment impacted by the outbreak. Meanwhile, public spending excluding transfers also contracted in both current

-19 Interest coverage ratio (time)** 0.36 -1.03 4.22 ** =EBIT/Interest expense Dusit Thani PLC Management Discussion and Analysis For 1Q20 P a g e | 8 2020 Outlook In addition to the domestic and the

above real estate services are provided to the Company, associated companies as well as other domestic and international companies outside LPN Group. It is expected that the income from service business

Thailand’s target range of 1-4 percent. At the same time, core inflation was at 0.61 percent, a slight decrease from 0.66 percent in the same period last year, reflecting a gradual recovery in domestic

million or 86.37% due to the major reasons as follows; 1. Incomes from sale and installation in the year 2018 decreased from the year 2017 by Baht 89.84 million or 8.22% from; 1.1 Domestic sales and

, comparing to the financial solution. We continue to see strong domestic demand in Thailand, customers are seeking good HR technology and catching up on the wave of HR digitalization. Increasing, more

year, the sales soared as the economy is getting better and there is a higher demand of automotive parts in the country. Moreover, the domestic sales increased from Baht 77 million in Quarter 3 2018 to