with the Company, the “Group”) which engages in distribution of bakery products and equipment. Analysis of Financial Performance Business categories Operated by For the three-month period ended 30

Calculating Basis, calculated from the consolidated financial statements ended March 31, 2019 which is categorized into transaction type 2 according to the Notification of the Transaction Regarding the

, Myanmar and Philippines. Dusit Thani PCL Management Discussion and Analysis For 1Q18 P a g e | 2 On 23 April 2018, the annual general shareholders’ meeting approved a 2017 dividend payment of THB 134.3

policy. Meanwhile, the Thai economy began to show financial signals after the Monetary Policy Committee decided to maintain the policy rate. This is a result of the Thai economy has continued to grow well

had refinancing expense of SOE long term loan amounting to Baht 140 Million but no such transaction in this year. Financial Position (Unit: Million Baht) Description 30 Sep 19 31 Dec 18 Changes Amount

1 Ref: AC.008/2020 25 February 2020 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

Taokaenoi Food & Marketing Public Company Limited (“Company”) would like to clarify the revenue from sales and net profit in the consolidated financial statements for the nine-month period ended September 30

1 Ref: AC.024/2019 3 August 2019 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

November 12, 2004 1/5 (-Translation-) Ref. No. SorNor. 035/2018 August 10, 2018 Subject: Clarification of Operating Results and Financial Status for the three-month period and the nine-month period

security patients which generated high margin and effect of increase of social security payment rate in 1H’18. Moreover, the efficient cost management such as medicine & medical supplies as well as the