able to continuously generate cash sales in each branch. 3. Analysis of Operating Results Profit & Loss Statements (MB) for the Quarter 1 Ending 31 Mar +/(-) % 2019 2018 Revenues from sales and services

income from short-term investments decreased. As the growth rate of total revenue was higher than the growth rate of total expenses, then the Net profit attributable to Equity holders of the Company in Q3

benefits for all stakeholders. The company has a policy to manage costs and resources of the company to maximize efficiency, including managing cash flow sufficient for business operations in the current

consumption) NNP = Normalized net profit O&M = Operations and maintenance P.A. = Per annum PEA = Provincial Electricity Authority (Thailand) PPA = Power purchase agreement PTT = PTT Public Company Limited SG&A

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

Company was possible to generate profit from this business unit since there were Made to Order. Which is managing the raw material used to produce edible oil to be profitable. But the storage of crude palm

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

”). The highest value when calculated based on the net profit test from operation which equals 4.39%, based on the 2017 consolidated financial statements of the Company as of 31 December 2017. This

) Managing Director Page 2 Information Memorandum on the Asset Disposal The Board of Directors’ meeting of Rajthanee Hospital Public Company Limited No. 8/2018, held on December 24, 2018 has passed the