December 2018 stood at 0.55x, an improvement from 0.93x in 31 December 2017. Current ratio as of the same date and period stood at 2.67x, a considerable improvement from 1.69x, both mainly as a result of the

in the course of replacing one of its distributors, which affected sales in the second half of the year, which normally is the high season period, although there remained such markets with continued

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

and Analysis for 2018 To : Director and the President The Stock Exchange of Thailand Summary of the Company’s Financial Position and Operating Result for the 3 and 9 month period ended 30 Sep. 2018

amounts to 7.5 Million Baht, decreased by 3.3 Million Baht or 30.6% compared to the previous year due to reduce of loan to a subsidiary. 4 Events after reporting period At the Board of Directors’ Meeting No

has invested in the real estate business in August 2019, which is the beginning period of the business operations, resulting in operating losses. The company expects to recognising revenues and costs in

information of similar nature or same type for use in marketing support during the same period, which can be used as replacement value. In this regard, the value will be adjusted to be similar to each other

PERIOD OF THREE MONTHS ENDED SEPTEMBER 30, 2017 1. Analysis of operation results for the third quarter of 2017 in comparison with those for the same quarter of 2016 (from the consolidated financial

statements for the nine-month period ended on 30 September 2017. 2. To approve the change of overseas subsidiaries’ capital structure namely Carabao Venture Holdings (Luxembourg) Limited (“CVHLUX”) which is a

Assets) and to 1 Net asset value of CAZ from the financial statements for the year ended 31 December 2016 2 Net asset value of TAKUNI from the financial statements for the period ended 30 September 2016 3