the following details. Financial performance Statement of income Consolidated financial statements for the 9-month ended 30 September 2017 30 September 2018 Change (Reviewed/Restated) (Reviewed
non-current assets amounted 1,035.1 million baht, increased 64.0 million baht or 6.6 percent compared to non-current assets as of December 31, 2019. The significant change occurred from changes in
baht or 5.5 percent compared to non-current assets as of December 31, 2019. The significant change occurred from changes in accounting policies due to Thai Financial Reporting Standard No. 16 (TFRS 16
-2022 Balance by Quarter Change Topic Q1-22 Q4-21 Q1-21 Q1-22 VS Q4-21 Q1-22 VS Q1-21 (Million Baht: MB) (MB) % (MB) % Total revenue 1,399.2 1,620.3 1,824.2 (221.1) (13.6) (425.0) (23.3) Total operating
shareholders’ meeting of the Company shall have approved the entering into the Transaction; and (2) No change has occurred, which causes a material adverse effect on assets, liabilities, business opportunity
relevant agreements are as follows: (1) The shareholders’ meeting of the Company shall have approved the entering into the Transaction; and (2) No change has occurred, which causes a material adverse effect
follows: (1) The shareholders’ meeting of the Company shall have approved the entering into the Transaction; and (2) No change has occurred, which causes a material adverse effect on assets, liabilities
| www.shotelsresorts.com Page 2 of 9 Discussion of results of operations: Year 2018 and Year 2019 Year 2018 Year 2019 Change THB million % THB million % THB million % Revenue from services 2,575.7 100.0% 3,818.1 100.0
securities registered with the Thai Bond Market Association; “Thai Bond Market Association” means the Thai Bond Market Association licensed by and registered with the SEC Office. The terms, “credit rating
bondholders; “financial advisor” means a financial advisor on the approved list of the SEC Office; “financial institution” means a commercial bank, finance company or credit foncier under the Law on Financial