Manila. Second, the impact from foreign currency translation of the financial statements as the THB appreciation against the USD and the Peso by 4% and 10%, respectively. Unit: THB mn 3Q17 3Q16 Var %Chg

December 2018, mostly from a decrease in investments in joint ventures and an impact of currency translation due to THB appreciation • Net debt to equity ratio as of 31 March 2019 was 0.51 times, an

appreciation of the Thai baht; a decrease in revenue following the news about the closure of Dusit Thani Bangkok Hotel; and a decrease in revenue from the absence of Dusit Princess Korat Hotel, which was

financial statements due to an appreciation of the Thai Baht from 3Q17. Other Income increased from the share of profit from investment in DREIT and food business, which the company invested in 1Q18. Total

million, an increase of 7.8%. For domestic sectors, consumption and investment started to recover, though not yet at broad-based level. This was reflected from durable goods consumption that showed sign of

totaling 35.4 million, an increase of 8.8% yoy. For domestic sectors, consumption and investment started to recover, though not yet at broad-based level. This was reflected from durable goods consumption

driven by improving domestic economic conditions, bouyant exports and the tourism sector. The market expects private consumption to have expanded, with higher spending on durable goods – particularly

and electronic sector, while non-durable goods sector was marginally increase. Domestic demand slowly improved in all sector as regular income. As a result, domestic industries expanded and business

environment The Thai economy for the year 2019 exhibited a decelerating trend. Private consumption slowed down in almost all categories especially in durable goods from the contractions in vehicle sales partly

measures implemented to curb the outbreak. Durable goods segment also declined from the contractions in vehicle sales in line with the weakened household income from lower income, employment and consumer