liabilities. The company’s strategy for the year 2020 From the pandemic of the Coronavirus (Covid-19) impacting to the world and caused many types of business to severe disruption and unable to assess when the

Company had to resort to very competitive pricing which impacted the EBITDA adversely. On 11 March 2020, the World Health Organization declared the Coronavirus (“COVID-19”) outbreak as a pandemic which

Disease 2019 (COVID-19) in Thailand, which is rapidly spreading, the government has declared a state of emergency on all areas of the Kingdom of dated 25 March 2020 and according to the Section 9 of the

- No. LMJG/SET/2020/019 August 10th, 2020 Subject: Clarification for the change of Operating Results more than 20% Attention: The President The Stock Exchange of Thailand Effects of the COVID-19

third quarter of 2020 totaled 676 million baht, decreased of 272 million baht or 29% compared to the third quarter of 2019. Sales and service income decrease was from Covid-19 pandemic. Page 2 of 2 Gross

) 0.66 (1,320.00) 0.72 0.05 0.67 1,340.00 Business overview As the coronavirus pandamic (COVID-19) has been spreads to global pandamic, including Thailand. The government has luanched many preventive

the following reasons: 1 Due Coronavirus Disease 2019 (“COVID-19”) in early 2020 has adverse effects on operating results for the 3- month period ended 31 March 2020 particularly on manufacturing and

Dusit Thani PLC Management Discussion and Analysis For 2Q20 and 6M20 P a g e | 1 Executive Summary The COVID-19 pandemic has severely hit Thai and global economy, especially the tourism and

COVID-19 resolves in a better direction. Reducing inventories without losing sales opportunities The Company has a policy to reduce inventories continuously since 2019 to reduce storage costs, carrying

declined as the spread of COVID-19 outbreak has resulted in the closure of partner countries resulting in the Company cannot be exported to partner countries in March. • Comparing between Q1/2020 and Q1/2019