and the private sector in encouraging the market to shift from regular ESG practices and integrate SDGs impact in business and investment strategies. Congratulations to the government and the private
the decline. Exports, in particular, shrank in line with signs of global economic weakness and anxiety surrounding the trade spat between the US and its major trade partners. Moreover, private
business operations of its particular bank and its financial conglomerate, transaction volume and related risks and must be reviewed at least once a year and upon any significant change. In addition, close
credit ratings of structured finance products are appropriate when the risk characteristics of the assets underlying a structured finance product change materially. Where feasible and appropriate for the
issued by virtue of this Notification or other Notifications thereof, have not been stipulated as a requirement for any particular business operation, or have been stipulated such requirement but it is
significant change in the client’s information; Clause 4 A securities company shall determine the list of securities allowed for purchasing or short selling through a margin account, and the initial margin rate
case of false statement or particular, or lack of any material information that should have been disclosed, any unitholder who purchases the REIT units within one year since the Registration Statement
| www.shotelsresorts.com Page 2 of 9 Discussion of results of operations: Year 2018 and Year 2019 Year 2018 Year 2019 Change THB million % THB million % THB million % Revenue from services 2,575.7 100.0% 3,818.1 100.0
Revenues Revenues For the Year Ending 31 December % Change 2018 2019 THB Mn % (1) THB Mn % (1) Revenue from Sales of Food & Beverages 2,852.6 96.2% 3,026.6 96.3% 6.1% Franchise Fee Income 69.6 2.3% 75.9 2.4
million baht or 4.45 percent. Analysis of the consolidated financial performance Statement of Comprehensive Income (Unit : Million Baht) For the quarter ended 31 March Change 2020 2019 Amount Percent