Analysis (MD&A) 2019 Page 3/8 profit equal to 67 million Baht. It was due to a result of the strict credit control by the Company, causing an increase in revenue from collecting (Bad Debt Recovery
statements. Please note that the company and executives/staff do not control and cannot guarantee the relevance, timeliness, or accuracy of these statements. AIS Investor Relations http://investor.ais.co.th
profit margin because it is an estimation of revenue and cost against actual usage. Normally, the Company can control cost for project management so during the project closing, profit margin of
us to streamline food production and have better control on production costs. The company plans to continue to scout high traffic locations in the following years to expand our cafés which require less
different from any future results, performance or achievements expressed or implied by such forward-looking statements. Please note that the company and executives/staff do not control and cannot guarantee
that the company and executives/staff do not control and cannot guarantee the relevance, timeliness, or accuracy of these statements. Contact us: http://investor.ais.co.th | investor@ais.co.th | (66) 2
prospectus becomes effective. 4. SET has approved on the listing application of EP in principle. 11 Effect of the Spin-Off on the Company and the Company’s shareholders 1. EPS Dilution/ Control Dilution Upon
share of losses in 2016, mainly driven by a significant decline in loss from Dusit Fudu Hotel Management in China due to an effective cost control. Dusit Thani PCL Management Discussion and Analysis 2017
inventories in 2017, the inventory turnover days increased to 73 days, from 70 and 60 days in 2016 and 2015, respectively. With prudent control, the company set aside provisions for obsolete inventory aging
to the better control of selling unused materials and unused equipment. (4) Selling and Administrative Expenses Selling and administrative expenses for twelve months of year 2017 was 114.4 million Baht