movie rights of Baht 16.71 million, and other incomes of Baht 15.34 million. It decreased by Baht 180.64 million, compared with the same period of the year 2016. This was mainly due to the termination of

$ 1.9B. Interest cost is expected to come down for year 2020, thanks to lower benchmark rates. Our net operating debt to equity went up to 1.35 times primarily due to the acquisition of Spindletop

Dusit Thani PLC Management Discussion and Analysis For 1Q20 P a g e | 1 Executive Summary Due to the COVID-19 pandemic, Thailand and many countries in the world have issued the preventive measures

2020, National Economic and Social Development Council (NESDC) forecasted Thailand’s economy to expand by 1.5- 2.5 percent, softening from 2019 due to impacts from the coronavirus (Covid-19) outbreak

and time limits for paying up securities; where payment is partial, the manner and dates on which amounts due are to be paid. 3. Where applicable, methods of and time limits for — (a) the delivery of

financials due to holding segment 3Core EBITDA is Reported EBITDA less Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating

2018 to Bt12,097.4 million in 2019, representing a reduction of 13.5% Y-o-Y, while sales revenue in USD terms declined by 9.8% Y-o-Y to USD393.0 million. The Y-o-Y decrease in revenue was due mainly to

obtains a tendency to continuously recover and more stability. Due to the reasons that China’s economy enables to be expanded while US’s economy still slightly slowdowns. However, this slowdown is expected

volume; a. Raw Water sales volume decreased by 8.7% YoY mainly due to the planned maintenance shut down of a petrochemical customers and the lower electricity dispatch to EGAT of Glow IPP b. Industrial

vices and o ht or an inc rease by 64 s was due der Jaymart hased acco For the 6 m accounts re n increase 5 ny can colle uarter 3 in ccounted fo e was 1.2 m solidated the hs in 2017 y acquired he second q