long-term loan from Financial Institutions in 2019. Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 6 Net Profit In 4Q19, the Company had the net profit including

exchange rate of THB 13. 90 million due to the fact that the Thai Baht value appreciated against US Dollar and the Company had the foreign trade receivables about USD 14.62 million Financial Costs For the

of THB 42.48 million due to the fact that the Thai Baht value appreciated against US Dollar and the Company had the foreign trade receivables about USD 18.68 million Financial Costs For the six-month

Assets The total asset as at March 31, 2020 was increased in an amounting of Baht 66.81 million or 8.65 percent from year end 2019. Significant changes was included Trade and other receivable was decreased

of insurance. Assets Items that has significant changes Balance by Quarter Change Q2–20 Q4–19 Q2–20 VS Q4–19 (MB) (MB) (MB) Short-term loan from finance institution 1,050.0 400.0 650.0 162.5 Trust

budgets ) it is 134.74 Million Baht and working capital in amounts of 25.26 Million Baht, loan from financial institution or/ and from the heads quarter in approximately 265 Million Baht. There will no

overall 2019 growth at 2.4% the lowest in five years. Exports were hit by trade tensions and the appreciation of the Thai baht had a detrimental effect, which fed through to the domestic economy. The

-month period compared to the same period of a year earlier. The main reasons was the weaken sales due to seasonal factors together with the impact of trade wars that have the broad impact on Thailand's

to the same period of the previous year. The main reasons was the weaken sales due to the impact of trade wars that have the broad impact on global supply chain and through Thailand's exports. As such

Gross Profit from Operation excludes Other Revenue from Utilities Business. 4 Foreign Exchange Loss / (Gain) consists of unrealized and realized Loss (Gain) on exchange rate from USD Loan 5 Income Tax