Thaicredit Retail Bank Public Company Limited On 1 March, 2017 Thaicredit Retail Bank Public Company Limited (“TCR”) offer for sale newly issued securities in the category of warrant (Employee Stock

, travelling expenses and professional fees. In 2018, the increase in administrative expenses are mainly due to (1) increase in employee and management expenses from new hires supporting business expansion of

expenses of 9.89% year on year was derived from higher employee expenses to support more workloads and more units from business expansion of the Company and its subsidiaries. Table 8: Administrative Expenses

2019 was resulted from the employee retirement benefit. Operating Highlights Q4/18 Q3/19 Q4/19 Change +/- 2018 2019 Change +/- (THB million) % YoY % QoQ % YoY Revenue from sale of goods 2,356.1 2,275.0

plans to open approximately 8 additional branches, which 7 branches are in Bangkok and 1 branch is in other provinces, consisting of 3 new dessert cafés and 5 new After You Marketplaces. The expansion is

-term employees benefit which is increased for 1.61 million baht caused by the change of severance pay rate for the termination of employment by the employer, the employee who has worked for an

net gain on sales of the investment of THB 30 million in 2Q18 offset with THB 70 million net employee costs from closing Dusit Thani Bangkok in 2018 In 4Q18, Dusit Thani PLC (“the Company”) reported

Profit (Including Extraordinary Items) 182.59 132.05 50.54 38.27 Extraordinary Items are as follows; (1) Less Gain on sale of unused land 10.18 - 10.18 100.00 (2) Plus Provision for employee retirement

focused on continuous expansion of dialysis unit. On the past 29 th September, 2017 the subsidiary additionally purchased assets from business of a dialysis unit which is business expansion as a plan laid

the investment in expansion of the Northern Multi-Products Fuel Pipeline project and the expansion of the High Pressure Aviation Fuel Pipeline project for BKK phase2 of TARCO - Net cash used for