continuingly increase of number of tourist arrivals increasing in 3Q19 shows a good sign even if the Baht currency continues appreciating. Unit: Baht million 3Q19 3Q18 Change 9M19 9M18 Change Hotel business 794

planned. In addition, the continuingly increase of number of tourist arrivals increasing in 3Q19 shows a good sign even if the Baht currency continues appreciating. Unit: Baht million 3Q19 3Q18 Change 9M19

holding corporation of a group, the group of which shall be presented for the two most recent financial years (or such shorter period that the issuer has been in operation), in the same currency as the

be presented for the three most recent financial years (or such shorter period that the issuer has been in operation), in the same currency as the financial statements provided in response to Part VIII

the two most recent financial years (or such shorter period that the issuer has been in operation), in the same currency as the financial statements, and highlight some of the most salient information

occur from the fluctuation in currency and interest rate of long-term debentures in foreign currencies, the Company has entered into cross currency interest rate swap contracts to hedge its debt

. To manage risk that might occur from the fluctuation in currency and interest rate of long-term a debenture in foreign currencies, the Company has entered into cross currency interest rate swap

represented 71% of total borrowings. To manage risk that might occur from the fluctuation in currency and interest rate of long-term debentures in foreign currencies, the Company has entered into cross currency

bonds (US$ currency, SGX listed, 2% p.a. coupon) worth US$180mn to institutional investors. Performance Summary Consolidated Statement of Comprehensive Income Revenues 584 1,028 1,064 4% 82% 1,813 3,294

offering convertible bonds (US$ currency, SGX listed, 2% p.a. coupon) worth US$180mn to institutional investors. Management Discussion and Analysis FY2017 Consolidated Financial Results Page 2 of 6 • In