Dusit Thani PLC Management Discussion and Analysis 4Q18 and FY2018 P a g e | 1 Executive Summary The Company reported net profit of THB 119 million in 4Q18, a decrease of 59.0% from the same period

regulations: Clause 1 In this Notification: (1) the term “company,” “parent company,” “subsidiary company,” “major shareholder,” and “controlling person” shall mutatis mutandis have the same meaning as defined

: Clause 1 In this Notification: (1) the term “company,” “parent company,” “subsidiary company,” “major shareholder,” and “controlling person” shall mutatis mutandis have the same meaning as defined in the

programmed co-production of Baht 0.21 million and other incomes of Baht 5.73 million. It decreased by Baht 7.03 million, compared with the same period of the year 2017. This was mainly due to the termination

income was Baht 7.40 million, comprised of income from programmed co-production of Baht 0.51 million and other incomes of Baht 6.89 million. It decreased by Baht 40.57 million, compared with the same

while other non-interest income declined yoy. Overall operating expenses also declined from effective cost management when comparing to the same period last year. The Bank continued to remain prudent when

ศูนยทุกสิ้นวันเนื่องจากมีการ รับรูกาํไรหรือขาดทุนที่เกดิขึ้นจริง ทุกสิ้นวันผานระบบ variation margins อยางไรก็ตาม สถานะใน futures contracts ยังคงตองนําไป คํานวณคาความเสี่ยงตามปกต ิ - Forwards

นเงินลงทุนเพราะมูลคา เปนศูนยทุกสิ้นวันเนื่องจากมีการ รับรูกาํไรหรือขาดทุนที่เกดิขึ้นจริง ทุกสิ้นวันผานระบบ variation margins อยางไรก็ตาม สถานะใน futures contracts ยังคงตองนําไป คํานวณคาความ

with declining glycerin price in the global market in accordance to increasing glycerin supply entering the market. As for Ethanol Business, production and sales volume rose from the same period of the

Gasohol S EVO FAMILY, and simultaneously elevated its E20 S EVO to premium qualities under the same price. Furthermore, the innovative Digital Payment system was brought in to provide payment service that