decrease of 6.7% yoy due to partial long-term loan repayment. Dusit Thani PCL Management Discussion and Analysis For 1Q18 P a g e | 4 Net Profit The company reported 1Q18 net profit of THB 259 million, a

company sold partial investment in a subsidiary company to Japanese alliance, Mory Industrial Inc., As of 31st March 2018, the Company and its subsidiaries recognized profit sharing to minority shareholders

for non-controlling interest of a subsidiary company On Oct 1’ 2010, the company sold partial investment in a subsidiary company to Japanese alliance, Mory Industrial Inc. the Company and its

the worst impacts, the partial lockdown in April and May, and the lack of tourism as a driver of the economy, while not directly impacting our business, had a measurable effect on some of our customers

due to decreased of the revenues from Ibis Style Hotel Chiangmai by THB 4.89 million causing from low season together with economic slowdown impact and closing partial hotel area for renovation. For

EBITDA per ton of $140 – all-time record high  Core Net Profit of $175 million - up 85% year-on-year  Core EPS of THB 0.99 – 55% increase year-on-year post 11% dilution from partial warrants exercise

transfer of ownership in residential units to customers, which CPN began to record the sales from 2018 onwards. In 1Q18, revenue from sales stood at THB 216 mn, which primarily represents a partial transfer

หนงัสือชีช้วน ลงวนัที่ 30 ตลุำคม พ.ศ. 2543 5 PO SEC Classification : ใชภ้ายใน (Internal) 4.2.1 Partial paperless (Online+P*) : สง่ขอ้มลู online โดยใช ้username/password ระดบั ผอ. ขึน้ไป) และเมื่อขอ้มลู

ประสิทธิภาพ ในการบริหารพอรต 20 ขาย (Short) 02 Partial Hedge 02 Same Underlying Hedge ทั้ง Port (Column (8) เลือก 03) ใหใส 03 เพิ่มผลตอบแทน 03 Portfolio (Macro) Hedge ชื่อกองทุน 04 อื่น ๆ (ระบุ) 04

price of such newly issued ordinary shares is lower than 90 % of the price calculated based on the market price as stated in the terms and conditions of Warrants; (4) when the Company makes all or partial