-0.85 -0.77% 109.88 109.23 0.65 0.59% Profit (Owners of the parent) 9.68 9.48 0.20 2.12% 8.63 12.59 -3.96 -31.46% Total Comprehensive Income for the Period 8.67 6.37 2.30 36.05% In overall the profit of

(Baht) Transaction size (%) Net tangible assets (NTA) criteria Net profit criteria Value of consideration criteria Value of securities issued criteria 1. Vanachai Group Plc. invests the ordinary shares in

- (4.9) (6.8) 38.8% N.A. (1.4) 5.1 N.A. Other income 2.9 4.7 4.9 4.3% 69.0% 22.0 18.2 (17.3%) Profit before expenses 502.1 414.5 269.4 (35.0%) (46.3%) 1,452.9 1,153.6 (20.6%) Administrative expenses (106.9

Microsoft Word - MDA_1Q18_DTC_ Eng V2.9 Dusit Thani PCL Management Discussion and Analysis For 1Q18 P a g e | 1 Executive Summary The company reported net profit of THB 230 million in 1Q18 driven

business acquisition 2.2 - - - N.A.(

company to establish Vanachai Logistics Co., Ltd. which will operate the business of receiving - sending goods within the country. The company will then invest in ordinary shares of Vanachai Logistics Co

subsidiaries completed the dissolution of SBT and then realized foreign currency differences on dissolution of SBT amounting to 89 MB from other comprehensive income to the profit for the year. * Note Please

(43.6) (49.6) (49.5) (51.8) 2.3 4.6% (132.1) (194.5) 62.4 47.2% Profit before income tax 287.0 342.5 345.7 157.8 (187.9) (54.4%) 1,374.2 1,133.0 (241.2) (17.6%) Tax income (expenses) (12.1) (26.8) (29.0

. 05, comparing to a net profit of THB 127. 61 million or earnings per share of THB 0. 12 from the same period of last year, a decrease of THB 187. 35 million or -146. 82% when comparing with the first

% Finance costs (34.1) (35.7) (36.1) (35.5) (0.6) (1.7%) (106.3) (141.4) 35.1 33.0% Profit before income tax 388.9 388.3 446.0 384.7 (61.3) (13.7%) 1,550.2 1,607.9 57.7 3.7% Tax income (expenses) (28.6) (21.8