Microsoft Word - MD&A Q3-60_E .doc Management Discussion and Analysis: MD&A 1. Company Situation Revenue from the waste treatment business for Q3/2017 has slightly decreased due to the maintenances
. The revenue of waste treatment has slightly changed while the revenue of real estate business has decreased. The company profits from sales of land held for future development. The company and its
those returns. Therefore, the Company included the financial statements of TBSP in preparing the consolidated financial statements since April 4, 2018. Revenue Breakdown Business Overview 2Q18 and 1H18
hotel business, gain from sales of long-term investment, an increase in the share of profit from investment, and a decrease in depreciation and amortization. In 3Q18, Dusit Thani PLC (“the Company
competition in a restaurant business and a continuous economic slowdown in both counties. In 1Q18, the Company generated revenues from the food and bakery wholesales in the amount of THB 145 Million which
shareholder in respect of execution of the office building space lease agreements, which are deemed connected transactions in the category of short-term rent/lease of real property in accordance with the Stock
revenue earned increase of THB 0.43 million or 2.07 percent from property investment. Expenses Cost of Sales The Company and its subsidiaries’ cost of sales earned for the year 2017 totaled THB 941.28
increase of 127 million baht in gross profit. 3. In the year 2018, the Company recorded profit 1,335 million baht from divestment of a property in USA at selling price of 4,437 million baht. 4. In the year
, Sriracha, Chonburi 20230 Thailand Tel. 66-38 480-020-1 FAX. 66-38 480-080 4) General transaction : Transactions regarding rental of property not exceed 3 years 5) Details contract of rent : 5.1 MTC 2
525 Baht/ square meter / month - The said rental rate is close to the market price from the proposal of Lumpini Property Management Co.,Ltd. Criteria to determine value of transaction : Comparing with