renovations of KKP Tower. Cost-to- income ratio excluding loss from sale of foreclosed assets and loss from revaluations stood at 47.8% for 2018 declining slightly comparing to 48.2% during 2017. Impairment
and 9M19 P a g e | 10 ● Maintains total estimated CAPEX of Baht 1,140 million excluding new investment: ₋ Baht 245 million for 3 hotel renovations (Dusit Thani Pattaya, Dusit Princess Chiangmai and
with expansion of service stations and non-oil businesses, together with constant refurbishment of service stations. While the industrial sales volume decreased, as a result of the optimization of sales
quarter, as Q4/2018 incurred high amounts of disbursement for expenses related to personnel, marketing promotion, and annual service station refurbishment during the end of the year, resulting in increased
Responsibility standards must be demonstrated. The ambition that new installations are designed and manufactured for high durability, easy to dismantle, refurbishment and recycling must be demonstrated. Proper
million for 3 hotel renovations (Dusit Thani Pattaya, Dusit Princess Chiangmai and Dusit Princess Srinakarin Bangkok) and Dusit Thani College - THB 245 million for ERP, software, hotel and education CAPEX
training and be registered with the SEC and the remodeling of the role of the Shareholders Association. In this year, the SEC has also sought to enforce all its rules and regulations with vigor and fairness
service station customers. The company closed down service stations that sold under target and were coming to the end of their contract, and made renovations to existing locations to increase thruput per