approved the restructuring of the Company’s assets by selling Dusit Thani Maldives (DTMD) in order to raise funds for business expansion. The Company will invest in units of Dusit Thani Freehold and

space expansion, and increase in staff cost, partially offset by lower FX loss. Interest Expense Increase in interest expense was mainly a result of the adoption of TFRS16 Leases this year. T.662 636 6999

increase was affected an increase in number of employees that were recruited to support to business expansion. The management expenses also increased by Baht 16.72 million from the Company’s subsidiaries

expansion for growth in Southeast Asia. We successfully converted static billboards into digital billboards, which now cover 32 provinces in Thailand. This effort is expected to enhance our returns, generate

cost, higher online travel agency costs, and employee costs to support the expansion of hotel business. 1Q18 EBITDA margin was 25.5%, compared to 23.0% of the previous year. In 1Q18, depreciation and

Public Company Limited (“PlanB”) – the leading Out-of-Home (“OOH”) media player – thereby allowing it to secure domestic media performance while shifting its focus towards international expansion. DOMESTIC

international business expansion vehicle for VGI. Strengthening its international footprint is an integral part of MACO’s strategy and VGM will be the flagbearer in expanding its Out-of-Home (“OOH”) media

Company Limited (“the Company”) would like to submit the management discussion and analysis of the operating results for the first half of 2020 ended June 30, 2020 as follows: Revenue from Software

utilization of ‚working capital‛ to cover the investment fund for website and software system development. 3) Using the number of ‚net cash flows from operating activities‛ which is the number audited by the

FY20.  Depreciation & amortization was Bt38,601mn, increasing 5.5%YoY from 2600MHz spectrum acquisition in 1Q20 and 4G/5G network expansion offsetting with fully depreciated 3G network equipment