คำอธิบายและการวิเคราะห์ของฝ่ายจัดการ 8 November 2019 Re: To clarify the financial statements as of 30 September 2019 To: President The Stock Exchange of Thailand As WHA Corporation Public Company

various measures to stimulate the Thai economy, such as the state welfare card and the ‘Eat, Shop and Spend’ project. The performance of the company in the third quarter, which is usually the low season for

mainly by hotel business performance improvement and the gain from the sale of other long-term investment The Company reported 1Q18 revenue of THB 1,698 million, an increase of 12.5%, mainly driven by

hotel business, gain from sales of long-term investment, an increase in the share of profit from investment, and a decrease in depreciation and amortization. In 3Q18, Dusit Thani PLC (“the Company

of time and at a higher rate than other currencies in competing markets, especially China. Despite the increase in raw material price and the baht’s strengthening, the Company was capable to maintain a

Public Company Limited amount of Baht 17.1 million or increased 5.7 percent which mainly resulted from the increase in staff expense and doctor fee incurred from the opening of the new specialized centers

investment value not exceeding Baht 701 million and the Board of Directors Meeting No. 8/2017 of the Company held on dated 14th November 2017 (refer 2), the Board had the resolution of approval the increase

& McKenzie Company Partner and Head of Banking & Finance Mr. Thinawat Bukhamana said “the application of this digital technology, that will increase the potential in competitiveness and in efficiency of

same way of sales, but increase in less portion of sale increase. So it seem that this decreasing of cost of sales or increasing of gross margin was due to (a) the company had developed new formulas with

decreases. And to increase trade discounts. To expand our customer base in the coming years. As a result, revenue from sales and services of this company decreased. Details are as follows Incomes Jan – Dec