36.30 65.85 (7.76) (21.38) Profit before finance cost and income tax expenses 28.42 49.89 18.82 34.15 9.59 50.96 Finance cost 2.81 4.94 3.57 6.48 (0.76) (21.25) Profit before income tax expenses 25.61

) (0.53%) 10,339.00 91.78% 9,454.98 91.43% (884.02) (8.55%) Gross Profit 297.93 8.30% 314.63 8.77% 16.70 5.61% 920.16 8.17% 881.51 8.52% (38.65) (4.20%) Other income 3.60 0.10% 1.19 0.03% (2.40) (66.81

) 4.00 Impact of adoption in new financial reporting standards on Consolidated financial statements’ Net Profit (Loss) in the 1st quarter of 2020 1st Quarter 2020 (in thousand Baht) Total Revenue 643,662

2019 of 26.14%, has resulted in the company being able to recognize net profit for the company at 95.25% after the 22nd May 2019. Consequently, on the 19th June 2019, the Board of Directors has passed

. Overall Business Operations The consolidated net profit of the Bank and subsidiaries for the year 2019 totaled Baht 5,988 million, a decrease of 0.9% from Baht 6,042 million in 2018. The consolidated

reported its 2017 consolidated net profit at THB 13,568 mn, an increase of 46.8% from the same period in the previous year (YoY). Total revenues stood at THB 34,594 mn, an increase of 18.3% YoY. Excluding

Dusit Thani PLC Management Discussion and Analysis For 3Q19 and 9M19 P a g e | 1 Executive Summary In 9M19, Dusit Thani PLC (“The Company”) reported the net profit including attributable to non

profit including attributable to non- controlling interest of Baht 339 million, increased by 60.7% from 9M2018. The net profit attributable to owners of the parent was Baht 51 million, decreased by 70.0

acceptable risk level, which has resulted in its satisfactory financial status, liquidity, and profit growth. This has helped the Company earn trust and confidence from banks and financial institutions in

products as well as growth from some exiting products. Domestic branded was quite maintained.  Net profit in Q1/2018 was Baht 9 million, a decrease of 92% YoY due to 1) lower sales contribution of export