hotel business, gain from sales of long-term investment, an increase in the share of profit from investment, and a decrease in depreciation and amortization. In 3Q18, Dusit Thani PLC (“the Company

1 Ref FN. 007/2020 Management Discussion and Analysis For operation of the year 2019 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet business, featuring

Thailand Sustainability Investment 4/ Thailand Sustainability Investment n/a Ranking by Industry Business 4/ Business The Company's main business is investment related (Holding Company) to production and

Investment 4/ Thailand Sustainability Investment n/a Ranking by Industry Business 4/ Business Comprehensive retail and wholesale business of construction materials and home decoration items. Top 10 Major

3/ Thai CAC  3/ n/a Thailand Sustainability Investment 4/ Thailand Sustainability Investment n/a Ranking by Industry Business 4/ Business The Company operates the business on civil engineering and

3/ Thai CAC  3/ Declared Thailand Sustainability Investment 4/ Thailand Sustainability Investment n/a Ranking by Industry Business 4/ Business The Company engages in the business of manufacturing and

renew the management service contracts with appropriate profit margin only. 2. Solar energy which is a new business has higher gross profit margin than 2 existing businesses. Consequently, overall gross

. The Company has active billings of 3.26 million per month with active customers of 2.14 million, mainly from Bangkok 31%, and in up-country 69%. Details of each business can be described as follows

% Dividend income - - - 15,000 35,000 -57% Gain on disposal of assets 308,107 - 100% 663 - 100% Other income 27,987 34,987 -19% 9,226 9,890 -7% Total Revenues 2,398,510 2,509,827 -4% 1,666,564 1,712,604 -3

clinical business which dialysis services for kidney patients who receive replacement therapy with dialysis by dialysis machinery (Dialysis Center) and distribution of medical equipment as well as medical