the higher growth rate in every quarter since the golf club’s renovation in February 2018. For property management business, operated by Yours Property Management Co., Ltd.- one of Mk’s subsidiaries

hotel business of Baht 794 million, decreased by 21.2% in 3Q19 and Baht 2,778 million in 9M19, decreased by 16.5% mainly from the closure of Dusit Thani Bangkok, a partial renovation at Dusit Thani Hua

reported revenue from hotel business of Baht 794 million, decreased by 21.2% in 3Q19 and Baht 2,778 million in 9M19, decreased by 16.5% mainly from the closure of Dusit Thani Bangkok, a partial renovation at

Y2019 by 6%. The increase was mainly attributable to investment of fixed assets ie ward renovation, medical equipment, additional land of Nong-kae hospital project. Total liabilities as of 31 March 2020

CPN Pattaya has leased to the tenants for a rental fee in the form of long-term lease agreements and the area which is currently being renovated or under the renovation plan, and ( 2) the parking spaces

-4.8% from both current (lower trade & other payable and current portion of long-term debt) and non-current liabilities (lower lease liability and spectrum payable offset by increased long-term

, excluding Dusit Princess Korat Hotel which was closed in late 2017, increased 1.0% yoy. This growth was driven by the increase in revenue from the completion of the renovation at Dusit Thani Laguna Phuket

-Current asset 419.12 30.5% 427.47 27.7% 8.35 2.0% Total Assets 1,372.78 100.0% 1,543.90 100.0% 171.12 12.5% Liabilities Current liability 118.33 8.6% 139.61 9.0% 21.28 18.0% Non-Current liability 57.26 4.2

leasing agreements on Financial Statement followed to TFRS 16 Leases. 4.2 Liabilities The total liability as at 31 March 2020 was increased from the year 2019 by Baht 73.80 million or 20.39 percent

Construction on Dusit Dusit Thani PLC Management Discussion and Analysis For 2Q19 and 6M19 P a g e | 2 Princess Srinakarin, the partial room renovation at Dusit Thani Hua Hin and result of Dusit Suites