overall 2019 growth at 2.4% the lowest in five years. Exports were hit by trade tensions and the appreciation of the Thai baht had a detrimental effect, which fed through to the domestic economy. The

Investments”) and Dividend Income totalled at Baht 695.9 million, aslo appreciation of Thai Baht (THB) against of US Dollarr (USD), a 246.1% growth from 2Q2016. The breakdown of the Company’s Share of Profit

US Dollar during the second quarter of 2018. As a result, the Company has increased distribution channels to export content, resulting in gain on exchange rate arising. While the Thai Baht appreciation

major renovation of Dusit Thani Philippines, despite the decrease in revenue mainly due to THB appreciation against the US Dollar and Peso, at 10.0% and 13.1%, respectively. • Hotel Management 1Q18

of 2017 due to the appreciation of AUD currency in relative to USD currency, resulting in the increase of net asset value in AUD currency. 2.2 Share of profits of associated entities and joint ventures

the Company’s Performance for the nine-month period ended September 30, 2019 distribution channels to export content, resulting in gain on exchange rate arising. While the Thai Baht appreciation has

%. The main reason was Baht appreciation more than the corresponding period of previous year. That led to the decrease in cost of inventories. Exchange rate during Q1/2020 was between 30.28 – 33.09 Baht

bags from the economic regression plus Thai baht appreciation results in less ordered from our main customer in tapioca flour production (export) , in additional , Gravure woven bags customer in rice

appreciation has risen since the beginning of this year, there is loss on exchange rate for this period. Expenses Selling and service Expenses Baht Million 2018 2019 +/(-) +/(-) % Expense from Event 20.79 10.57

quarter, although the pace of expansion remained relatively lackluster. Exports registered no growth over a year with a continued appreciation of the Thai baht having a detrimental effect and this has fed