realized income of non-performing loans and expected credit losses. 2) Reclassification of investments and fair value from unrealized gain (loss) on investments are part of “profit (loss) from financial

launch of Singha Complex in late 2018. 2019 Net profit at THB 1,209m, or 16% decline YoY, due to various factors, namely profit margin during early stage of 2 hotels in Crossroads project phase 1

Quality Houses Public Company Limited and its subsidiaries (the “Company and its subsidiaries”) would like to report the Third quarter 2017 net profit which increased by Baht 360 million or 47% and 9-month

Baht as 106 Million Baht (11.35 percent), gross profit as of 91 Million Baht (increased from year 2017 which has gross profit of 59 Million Baht) equivalent to 32 Million Baht increased ( 54.24 percent

%. Net profit For the year ended 31 December 2018, the Company and its subsidiaries had net profits of THB 227.68 million, an increase of THB 40.01 million or 21.32% from the year of 2017. Although the

% Finance cost 35.09 41.36 6.27 17.87% Income tax expenses 37.04 42.24 5.20 14.04% Net profit 139.02 150.12 11.10 7.98% Net profit ratio (ROS) 19.92% 17.25% Earnings per share (Baht) 0.26 0.28 0.02 6.92

Microsoft Word - MDA_1Q18_DTC_ Eng V2.9 Dusit Thani PCL Management Discussion and Analysis For 1Q18 P a g e | 1 Executive Summary The company reported net profit of THB 230 million in 1Q18 driven

services increased 9.66% and (3) Revenue from sales of products increased 1,016.24%. Net profit For the nine-month period ended 30 September 2018, the Company and its subsidiaries had net profits of THB

THB million % THB million % Revenue from services 1,590.7 100.0% 2,639.7 100.0% 66.0% Costs of services (920.2) (57.9%) (1,682.4) (63.7%) 82.8% Gross profit 670.4 42.1% 957.3 36.3% 42.8% Selling

49.34 17.69% Finance cost 49.11 68.10 18.99 38.67% Income tax expenses 48.04 57.52 9.48 19.73% Net profit 181.71 202.58 20.87 11.49% Net profit ratio (ROS) 17.16% 15.74% Earnings per share (Baht) 0.34