6M19 P a g e | 10 Compared to 1H18, the Company’s gross profit margin remained resilient with stable margin in 1H19 despite the closure of Dusit Thani Bangkok hotel. However, EBITDA margin and net profit
growth opportunities in other countries. Data Analytics: Expanding data analytics capability to enhance business opportunity and operational efficiency Cyber Security & IT Resilience: Enhancing
the quality of assessment in addition to expanding insights on corporate governance practices of companies across participating countries. The assessment using the revised Scorecard will commence in Q2
Exchange of Thailand Business Overview In the year 2018, the Thai economy remained stable with the volatility of global economy including the impact of the trade war between the United States and China
the Thai baht remained in line with those of other currencies in the region, close monitoring of short-term capital flows is necessary. The overall financial system remained stable and resilient to
million baht compared to December 31, 2018 which was 776.72 million baht stable value. - Total liabilities at March 31, 2019 was 576.89 million baht compared to December 31, 2018 which was 586.22 million
of the previous year which were 3.68:1 and 0.19:1 times, respectively, indicating that the Company still stable financial status and capable to pay trade liabilities. Please be informed accordingly
previous year which were 7.63:1 and 0.11:1 times, respectively, indicating that the Company still stable financial status and capable to pay trade liabilities. Please be informed accordingly. Yours sincerely
previous year which were 10.90:1 and 0.08:1 times, respectively, indicating that the Company still stable financial status and capable to pay trade liabilities. Please be informed accordingly. Yours
partially offset by higher sales volume of all main products as a result of stable operation. Analysis of Cost and Expenses 1. In Q3 2019, Cost of sales was 3,445 MTHB, decreased by 715 MTHB comparing to 2018