include a person having entered into an agreement for full or partial power of management. Clause 2 The operation under a regulatory sandbox of a person who is approved by the SEC Office under this

. 1.9 Profit sharing to minority shareholders of subsidiary company On Oct 1 2010, the company sold partial investment in a subsidiary company to Japanese alliance, Mory Industrial Inc., As of 31st March

decrease of 6.7% yoy due to partial long-term loan repayment. Dusit Thani PCL Management Discussion and Analysis For 1Q18 P a g e | 4 Net Profit The company reported 1Q18 net profit of THB 259 million, a

company sold partial investment in a subsidiary company to Japanese alliance, Mory Industrial Inc., As of 31st March 2018, the Company and its subsidiaries recognized profit sharing to minority shareholders

for non-controlling interest of a subsidiary company On Oct 1’ 2010, the company sold partial investment in a subsidiary company to Japanese alliance, Mory Industrial Inc. the Company and its

gradual delivery of the completed project work to customers during the period and partial refund. Liabilities As at 31 December 2019, the Group’s liabilities total of Baht 993.33 Million, decreased of Baht

the worst impacts, the partial lockdown in April and May, and the lack of tourism as a driver of the economy, while not directly impacting our business, had a measurable effect on some of our customers

due to decreased of the revenues from Ibis Style Hotel Chiangmai by THB 4.89 million causing from low season together with economic slowdown impact and closing partial hotel area for renovation. For

lease. Please be informed accordingly. Very truly yours, (Dr. Anukool Tuntimas) Director and Executive Vice President Human Resource and General Administration

, due to higher expenses related to human resources, sugar warehouse and transportation. Provision for doubtful debt and bad debts also increased. 5. Financial costs in 2017 increased Baht 16.0 million or