Philippines Inc driven by an increase in administrative expenses and the decrease in revenue from Dusit Thani College as result of COVID-19 pandemic causing the postpone in short-term courses. EBITDA from
98 million, a slight decrease of 1.0% yoy, mainly from a decrease in revenue from Dusit Thani College resulting from fierce competitions and dropping in new student enrollment which is a structural
Company’s property portfolio now comprises of 333 properties (38 hotels and 395 villas) and 10,293 rooms. Education Business Dusit Thani College and Le Cordon Bleu Dusit were temporarily closed since the end
Philippines due to the Company planned to invest in an owned Hospitality and Tourism College through Dusit Hospitality Education Philippines Inc. which expected to open in this year. - A decrease of THB 6
owned college in next year. In 4Q18, EBITDA from Education Business was THB 32 million, increased by 18.5% yoy, due to decrease of administrative expenses of education business. Other Business Revenue
the pre- launch stage while there was Lyceum fee revenue from Colleges in Philippines in 2018. However, there was an increase revenue from Dusit Thani College from changing the strategies to focus on
business Revenue from education business increased by 2.8% yoy to THB 84 million thanks to higher academic service from Dusit Thani College. There was no revenue contribution from Dusit Thani Hotel School
Center (DTEC) led by Dusit Thani College. Share of profits from investments in 2017 was THB 13 million, a 56.7% decrease yoy, primarily attributable to a decrease in number of students at Le Cordon Bleu