ending 31 December 2017, our gross profits amounted to THB 4,065 million, up by THB 509 million or 14.3%, and represented gross profit margin of 31.5%, down from 35.8% posted during the corresponding

channel has expanded significantly, as well as effective cost management has resulted in maintaining profit margin at a good level. (2) Analysis of Operating Results and Profitability (2.1) Revenues from

be Baht 446.70 million or an increase of 33.26 percent, due to expansion of distribution channels and effective cost management having resulted in maintaining profit margin at a good level. (2

million, an increase of Baht 46.6 million, or +14.5%, YoY, whereby this is equal to a Net Profit Margin of 7.6 % of total revenues or an increase from the Net Profit Margin of 6.8% achieved for the same

%, representing gross profit margin of 38.9%, an increase from 32.0% gross profit margin in the corresponding period last year, mainly due to the improving margins for the branded products by the Company’s

% 6,078 52.5% 1.0% Dusit Thani PLC Management Discussion and Analysis For 1Q19 P a g e | 6 In 1Q19, profitability ratios still maintain resilient showing gross profit margin in line with the same period

profit margin from sales of the Company and subsidiary companies increase 28.71% and 2.25% respectively. It derives from the main income of 11,252.25 million THB in 2018 which increases 17.05% or 1,639.40

. This represents net profit margin of 27% Analysis of Financial Statement of Position As of 31 Dec 16 As of 31 Dec 17 Change MB % MB % MB % Cash and cash equivalents 513.4 9.8% 694.5 8.3% 181.1 35.3

according to the resolution of the general meeting 1/2019 in the amount of THB 41.6 MB. And net profit of year 2019 increased THB 37.2 MB The Company plan to improve the profit margin and has a road map for

previous year or 30.2 percent, which was an increase in personnel expenses, commission for debt collection, litigation cost and costs related to the insurance business. As for the gross profit margin in the