broadband remains resilient while enterprise business was recovering Fixed broadband business continued to grow 21%YoY in revenue driven by increased demand for home connectivity from the new normal, albeit

% 6,078 52.5% 1.0% Dusit Thani PLC Management Discussion and Analysis For 1Q19 P a g e | 6 In 1Q19, profitability ratios still maintain resilient showing gross profit margin in line with the same period

Chopin Bratislava, Vienna House Easy Leipzig and Eastin Thana City Golf Resort and (ii) resilient performance of Thai Hotels (Eastin Grand Sathorn, U Sathorn, U Chiang Mai, Anantara Chiang Mai, Avani Khon

ensure resilient cash flow and profitability. Effective strategies and business plan together with cooperation from business partners and employees would encourage the Company to survive the crisis and

1,748mn and 273mn, respectively. Our robust operating and financial performance are a direct reflection of successful implementation of digitalisation strategy, strategic acquisitions as well as the

returning value to our shareholders”. 2. Outlook In 2018 as a whole, the Thai economy expanded 4.1%, +4.0% year-on-year and looking ahead, the economy is expected to continue growing at a robust pace in 2019

among particular segments including teens and tourists. Fixed broadband saw healthy growth focusing on FMC AIS Fibre has achieved robust results with revenue growing 27% YoY and 6. 3% QoQ while net

resuming activities • Implement a ‘Work from Home’ policy and put in place IT infrastructure to support working from home where practicable • Ensure that a robust communication strategy is in place to

interest-bearing debt to equity is robust at 0.46 times. December 31, 2019 June 30, 2020 Change (THB million) (THB million) (THB million) % Cash and cash equivalents 3,591.6 2,779.1 (812.5) (22.6%) Total

taking steps towards resuming activities • Implement a ‘Work from Home’ policy and put in place IT infrastructure to support working from home where practicable • Ensure that a robust communication