the period ended December 31, 2019. The Group's sales and net profit totaled Bt12,097.4 million and Bt934.5 million, respectively, compared to Bt13,982.5 million and Bt2,014.9 million in fiscal year

1,494 8% EBITDA Bio-Based Product Business4/ 113 179 59 -48% -67% 259 238 -8% EBITDA Resource Business5/ 59 133 93 58% -30% 81 226 181% EBITDA Others 6/ (25) (25) (12) 54% 53% (25) (37) -48% Profit

residences “The Ritz-Carlton Residences, Bangkok” at MahaNakhon transferred in the Q3 2018 of 4 residences which was lower than the same period last year of 27 residences. The Company’s gross profit from

upgraded the company rating for the Bank and Phatra Securities to “A” from “A-”. The consolidated net profit for 2Q19 totaled Baht 1,471 million, an increase of 19.7% from Baht 1,228 million from the

brokers. Additionally, during 2Q19, TRIS Rating has upgraded the company rating for the Bank and Phatra Securities to “A” from “A-”. The consolidated net profit for 2Q19 totaled Baht 1,471 million, an

. The consolidated net profit for 3Q19 totaled Baht 1,610 million, an increase of 9.5% from Baht 1,471 million from the previous quarter of 2Q19. When comparing yoy, the net income for 3Q19 increased by

profit for 3Q19 totaled Baht 1,610 million, an increase of 9.5% from Baht 1,471 million from the previous quarter of 2Q19. When comparing yoy, the net income for 3Q19 increased by 3.8% comparing to net

fair value through profit or loss (FVTPL)”(Classified as debt instruments according to accounting standard). Given on May 11, 2020, the Federation of Accounting Professions passed the resolution on the

investment, that generates good returns at an acceptable risk level. This led to satisfactory financial status, liquidity, and profit growth, which helped the company earn creditability and trustworthy from

Dusit Thani PLC Management Discussion and Analysis 4Q18 and FY2018 P a g e | 1 Executive Summary The Company reported net profit of THB 119 million in 4Q18, a decrease of 59.0% from the same period