/Interest expense Dusit Thani PLC Management Discussion and Analysis 3Q18 and 9M18 P a g e | 9 Profitability ratio remained resilient in 3Q18, showing improved EBITDA margin and net profit margin. Liquidity

ส่วนของผู้ถือหุ้นของบริษัทในไตรมาส 1/2563 มีจ านวน 154.5 ล้านบาท ลดลง 193.4 ล้านบาท หรือร้อยละ 55.6 และคิดเป็นก าไรต่อหุ้นๆ ละ 0.24 บาท โดยมีอตัราก าไรสุทธิ (Net Profit Margin) ท่ีร้อยละ 17.7 2. รายงาน

: AIS continued to deliver decent profitability with an EBITDA margin of 50.4% from well-managed cost amid pandemic while net profit margin stood at 15%, significantly above industry average. ROE declined

the net profit margin stood at 14%, significantly above the industry average. ROE declined from 34% in FY21 to 31% and ROA slightly decreased from 7.7% in FY21 to 7.5%. Liquidity & Leverage: Current

% Adjusted Net Income 942 1,529 1,948 27% 107% Gross profit margin (%) 27% 25% 29% 4% 2% Net profit margin (%) 10% 6% 9% 3% (1%) Adjusted Net Income Margin (%) 10% 8% 11% 3% 0% Executive Summary PAGE 2

margin (%) 22% 28% 26% (2%) 4% 26% 28% 2% Net profit margin (%) 8% 5% 6% 1% (2%) 14% 6% (8%) Adjusted Net Income margin (%) 8% 7% 8% 1% 0% 14% 8% (6%) Executive Summary PAGE 2 MANAGEMENT DISCUSSION

1,577 1,542 (2%) 61% 3,014 4,172 38% Gross profit margin (%) 24% 30% 28% (2%) 4% 27% 29% 2% Net profit margin (%) 13% 5% 5% 0% (8%) 15% 6% (9%) Adjusted Net Income margin (%) 13% 7% 7% 0% (6%) 15% 8% (7

foreign currencies forward contact. 4 Management Discussion and Analysis of Business Operation for Q1/2020 Bangchak Corporation Plc. | The Refinery and Oil Trading Business recorded Gross Refinery Margin of

refining services to revenue for RBD Palm oil for biodiesel was 67.62% in 2019 which decreased from 2018 was 73.54%, and in the past years, the company continued to have profit margin of this segment. ▪ The

profit margin will be relatively high in 2017. II Food & beverages business Total Gross Profit was 362.4 Million Baht or 45.2% of revenue which slightly decrease 9.9 Million Baht. Gross Profit for DDUS was