Dusit Thani PLC Management Discussion and Analysis 4Q18 and FY2018 P a g e | 1 Executive Summary The Company reported net profit of THB 119 million in 4Q18, a decrease of 59.0% from the same period

Consolidated financial statements Change Increase/(Decrease) For Three Months Period Ended 30 September 2017 2018 THB mm % THB mm % THB mm % Sale Revenue Revenue from selling product under Company’s trademark 1

previous year, mainly due to the first 6 months of 2020, the Company has rental revenue from end-aisle product shelves and promotion programs decreased, which the increase or decrease of revenue from end

decrease amounting to Baht 37 Million from the principle repayment. (Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the Quarter Ended on March 31

, financial cost decreased by Baht 60 Million from principle repayment and refinancing long term loan of SOE in the end of the first quarter of this year resulting to the decrease in financial cost

lost time injury in Q4 2019; there were six lost time injuries for 2019FY Revenue: 230mTHB in Q4 2019 compared to 268mTHB in Q4 2018 a decrease of 15%; 977mTHB in 2019FY compared to 1,120mTHB in 2018FY

subsidiaries was THB 231.27 million, a decrease of THB -63.49 million (- 22% ) . The net profit was THB 0.1 million, a decrease of THB -28.09 million or -100% , compared to Q2/2018. In the consolidated financial

THB 325 million in correspondence to the group’s asset restructuring. Without this non-recurring gain, total revenue was THB 5,245 million, a 3.3% decrease from 2016. The decline was attributable to the

). Table 1 : Performance Summary Table 2 : Adjusted EBITDA Margin In the face of volatile crude palm oil and crude palm kernel oil prices’ movement, both had continued to decrease from quarter 1/2017 due to

March 31, 2019 reached Baht 95.67 million, a decrease of 1% from Baht 96.25 million for the same period of previous year, of which 96% contributed from renewable energy business and 4% from others