Dusit Thani PLC Management Discussion and Analysis For 2Q20 and 6M20 P a g e | 1 Executive Summary The COVID-19 pandemic has severely hit Thai and global economy, especially the tourism and

driven by the economic stimulus to recover the country from the massive flooding of 2011. The market outlook improved over the year in line with economic growth and upward trends in the regional securities

hit by tax barriers, causing the export of Thai rubber woods to China to be affected. 2. in addition China also implemented strict environmental regulations, which caused many factories in China to stop

& Imperatore, 2014) Managers’ risk preference (Sutton, 1988) Meet or beat the expectations of financial analysts (Zang, 2012; Matsumoto, 2002) Stock –financed acquisitions (Cohen & Zarowin, 2010) Political

by the trade war between U.S.A and China. China is hit by a tariff wall which affected Thai Rubber wood exports to China. Another reason came from China with strict environmental regulations which

the client’s instruction to cut loss when the client’s derivatives trading account hit a one-million baht loss. As a result of his negligence, the client’s account was closed and the client suffered

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direct hit from mandatory closure decree, causing a fall in revenue of THB 47.23 million, a 35% drop compared to the same period last year. - - Entertainment business has had a rise of THB 11.13 million

has changed the recruitment policy from Full time employee to Contract employee when possible, to allign cost with revenue. Q2/2020 Statement of Comprehensive Income also got hit hard by the loss in