Management Discussion and Analysis for the year 2021 4 Core Operating Profit (defined as Earnings before Interests and Taxes exclude interest income, gain (loss) on exchange rate and other irregular items) for
1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering
Transaction”) of which the transaction is considered as Connected Transaction in category of Receiving Financial Assistance, having transaction value of 19.21 percent of Net Tangible Assets or NTA of the
million, in line with domestic subsidiaries delivering improved operating performance. Coupled with overseas subsidiaries making higher loss from operations, the effective corporate income tax rate as
company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years (year 2016-2019), the Company’ s consolidated total assets has grown at an
standard TFRS 16 Adopted standard Impact to B/S ▪ As at 31 Dec 2019 Recognised leasehold right THB 1,675 million ▪ As at 1 Jan 2020 Recognised right of use assets THB 2,696 million and lease liabilities THB
Company”) would like to submit the financial statement for 2st quarter of 2022 ended as of June 30, 2022, which details are as following ; Unit : Million Baht Operating results (Consolidated) 2nd quarter
(“the Company”) would like to submit the financial statement for 3rd quarter of 2022 ended as of September 30, 2022, which details are as following ; Unit : Million Baht Operating results (Consolidated