year and net profit margin attributable to the equity holders of the Company increased to 23.7% from 13.9% in 2016. FINANCIAL POSITION (THB mn) ASSETS ASSETS BREAKDOWN 31 DECEMBER 2016 31 DECEMBER 2017

the owners of the Company was THB 267 million, a growth of 134.0% yoy. Excluding gain on the sale of Dusit Princess Korat, core net profit declined by 44.3% yoy to THB 64 million. Financial Position

ventures. 4. Financial Position of the Company and its Subsidiaries (Unit: Baht Million) 30 September 2018 31 December 2017 % Change Cash and cash equivalents 108 100 +7% Trade receivables 647 781 -17

of financial position June 30, 2019 December 31, 2018 Million Baht Million Baht Million Baht % Total assets 987.22 974.80 12.42 1.27 Total liabilities 3,042.08 2,887.32 154.76 5.36 Total shareholders

Position of the Company and its Subsidiaries (Unit: Baht Million) 30 December 2019 31 December 2018 % Change Cash and cash equivalents 119 103 15.1% Account receivables 737 700 5.3% Inventories 512 885 (42

LIMITED 4 FINANCIAL POSITION From 1 January 2020, the Company has adopted the Thai Financial Reporting Standards (TFRS) 16 – Leases for its financial statement reporting for the first time. Under this new

. Statement of Financial Position Assets As at 30 June, 2020, the Company and its subsidiaries had the total assets of THB 4,579.36 million, increased by THB 167.05 million (YoY 3.79%) compared to December 31

losses. Company statement of financial position December 31, 2019 December 31, 2018 Million Baht Million Baht Million Baht % Total assets 471.99 974.80 (502.81) (51.58) Total liabilities 2,455.26 2,887.32

%) Same-Store-Sales-Growth(%) -37% Management Discussion & Analysis Q3/2020 Selling expenses mainly consist of salaries of dessert café’s staff, space and equipment rental expenses, utility expenses, and

mainly consist of salaries of dessert café’s staff, space and equipment rental expenses, utility expenses, and other selling expenses such as marketing and promotional expenses, and depreciation of asset