services with registered capital of Baht 1,000,000, consists of 10,000 ordinary shares with a par value of Baht 100 each. The Company will invest at 99.97%. This subsidiary is already registered on 8 January
million according to the prepayment from the sale of Dusit Thani Maldives. Dusit Thani PLC Management Discussion and Analysis For 3Q19 and 9M19 P a g e | 6 Shareholders’ Equity As of 30 September 2019, the
Baht 30-Sep-19 31-Dec-18 Total Assets 28,635 30,632 Total Liabilities 19,001 20,532 Total Equity (911) 172 Minority 10,545 9,928 Gr ou p HR C Gr ou p Management Discussion and Analysis Quarter 3 Ending
financial statement as follow: Asset: Investments in associated company declined THB 54 million Shareholder’s equity: Retained Earnings declined THB 38 million None controlling interest declined THB 16
loss from set up the impairment of asset and reduce the value of product and other projects total 204.65 million baht The overall operating results for the three-months period of year 2019 compare to the
network with total project value of Baht 125.00 million. Under the contract, the project was due to complete in February 2018. Nevertheless, during installation, the installation areas were continuously
. However, the value of those projects decreased because the remaining project value declined. Furthermore, the company has been affected by the ongoing outbreak of COVID–19, causing many customers to delay
Riverside Bangkok and sales of land plot of Santiburi the Residences. Page 3 of 7 Management Discussion and Analysis 1Q2019 Residential projects for sales as at 31 March 2019: Project Project value Sold