According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the first quarter of 2021 contracted by 2.6% compared with a decrease of 4.2% in

, increasing 1.0% YoY. The Effect of Coronavirus (COVID-19) Pandemic In the first half of 2020 Thai economy was impacted both directly and indirectly by the COVID-19 pandemic, which resulted to containment

hotel business, gain from sales of long-term investment, an increase in the share of profit from investment, and a decrease in depreciation and amortization. In 3Q18, Dusit Thani PLC (“the Company

V2 08/11/60 16:47 น. 0 V2 08/11/60 16:47 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Thai Economy in the Third Quarter of 2017 The Thai economy in the third quarter of

V2 13/11/61 17:55 น. 0 V2 13/11/61 17:55 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the Third Quarter of 2018 The Thai economy in the third

increased 5% from 687.9 mil. baht to 725.6 mil. baht. Dividend income was up 10% to 11.0 mil. baht. Income from property rental dropped 5% to 97.7 mil. baht as occupancy rate decrease. Other income declined

decreased 30.54 million baht, or equivalent to 9.37% from the same period of previous year due to the Thai economy that slowed down. Spending and government investment were inadequately driven economy

decreased by 40.92 million baht or equivalent to 12.88% compared to the same period of previous year. It caused by the slowdown of the Thai economy which affected to both domestic and outside the country

overall selling price decrease, especially for Caustic Soda due to the fall of its market price trend, plus impact from appreciation of Thai Baht against US Dollar. However, those negative impacts were

, respectively. • The decrease was mainly from the decline in operating revenue due to the temporary closure of dine-in areas from late of March to mid-May. Gross Profit and Gross Profit Margin • The Company’s