. 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

the financial covenant target of below 1.75 times. Please be informed accordingly. Yours sincerely, ___________________ Mr. Yeap Swee Chuan President & CEO

Swee Chuan President & CEO

increased debt level but still below the Company’s target of below 1.0 times. Please be informed accordingly. Yours sincerely, Mr. Yeap Swee Chuan President & CEO