from 86.3% to 90.6% in the first quarter of 2023 and political stability after the election, which might delay the government’s budget approval for 2024. For the 1Q/2023, the Company has total new sales
of investments in associated companies and the result of associated companies’ delayed revenue recognition due to the delay in delivery of work. Consequently, in 6M2023, share of loss of investments in
recognition due to the delay in delivery of work. Consequently, in 9M2023, share of loss of investments in associates was THB 2.01 million, decreased from share of gain of investments in associates of THB 2.85
in the pickup truck segment due to their rising credit costs. The delay in approval of the 2024 fiscal budget by several months also contributed to the slowdown in government spending, investment, and
operates Dusit Hospitality Management College in the Philippines. Due to the delay of this project and to reduce the risk Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 11
the Philippines. Due to the delay of this project and to reduce the risk Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 11 of increasing capital in DHMC, DTPI decided
, management company shall reveal information of investment or holding of the assets as asset of management company to such persons without any delay. Clause 12. In the case where private fund management company
investors, as the case may be, management company shall reveal information of investment or holding of the assets as asset of management company to such persons without any delay. Clause 12. In the case where
distributed without delay to investors in Thailand. Yes No If “No”, please specify __________________________________________________ _____________________________________________________________________ 5. I