Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 1 Executive Summary 2019 marked our first year in the second phase of the Company’s 9-year strategic journey (2019

planned maintenance and investment in plant and equipment for a new product. Net cash from long-term financing activities decreased year-on-year again from the impact of the loan for the acquisition. The

year from Coronavirus disease (COVID-19) moreover for the Manufacturing and Export sector have also effect from customer has postpone the purchase order and delivery. For the year 2020 Filter Vision

THB 36 mil. or 10.3% negative growth when compared to the same period of last year, primarily due to dumping price by competitors and focusing on electronic payment and number of bank branches reduction

percent of the fund’s net asset value (NAV) must be allocated to such assets over the course of each fiscal year. Additionally, Thai ESGX is required to invest in sustainability-focused stocks, with a

country. This approach uses mutual funds as a vehicle to achieve the national strategic goals related to sustainability and support long-term savings through investment in the capital market. The

year 2017, the subsidiaries repaid long- term loans USD 2 million and PhP 3.5 million Significant Financial Ratios Total liabilities were THB 4,214.1 million, increased by THB 535.3 million, or 14.6

installing machines, totaling THB 2,979 million . The dividends paid amounted THB 950 million. During the year, the Company received short and long term loan from financial institution totaling THB 2,335

heart of the city once again in 2017 and the feedback was positive. The first three projects will be completed at the end of Q3 and Q4 this year with the combined value of 5,400 million THB. The units

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 028/2018 August 10, 2018 Subject : Management Discussion and Analysis for quarter 2-2018 To