requirements to be fully enforced in 2019, as well. These new standards may eventually affect provisioning expenses, risk calculation and capital maintenance of commercial banks. All of these factors may change

, subsidiaries, and joint ventures. Page 7 4. Financial Position of the Company and its Subsidiaries (Unit: Baht Million) 31 December 2018 31 December 2017 % Change Cash and cash equivalents 122 100 +22% Trade

of COVID-19 local infections since mid-December of last year. Economic activity improved in February as the outbreak was brought under control and external demand continued to recover. Private

Conservation Policy as guidance for contributing to efforts to mitigate the impacts of climate change by reducing greenhouse gas emissions caused by our operations and by creating products and services that

(3,268 rooms) are properties operated under the Hotels Management Services Agreement. Operational Statistics (KPIs) (own operated hotels) Avg Occupancy (OCC) Q3/2016 Q3/2017 Change YoY YTD 9 months/2016

becoming insolvent as a prerequisite. After a debtor has defaulted on credit obligations, he/she may submit a request to the court for proceeding with reorganization. This change provides a greater

21.6 Others 0 23 22 n/m 52 38 (15) (27.8) Total sales 3,523 3,638 116 3.3 9,707 10,615 909 9.4 For the 9-month period ending ChangeFor the 3-month period ending Change - Translation - Page 2 of 6

. However, tax collection under the Act will commence on January 1, 2020. One significant change under the Act is that local administrative organizations are now authorized to collect the land and building

Revenues Consolidated financial statements (Thousands Baht) Nine-month Change 3nd Quarter Change 2562 2561 Amount % 2562 2561 Amount % Revenue from sales 1,727,237 1,168,546 558,691 47.81% 659,160 427,881

. Revenues (Thousands Baht) Year Change 4th Quarter Change Amount % Amount % Revenue from sales 1,566,147 1,477,687 88,461 5.99% 437,506 371,485 66,021 17.77% Other income 19,457 14,472 4,985 34.45% 6,968