services to protect investors’ asset and stringent supervision on asset separation to keep private funds safe without asking for the approval of being custodian again. Such move will improve flexibility
in joint ventures in 2018, the balance of Baht 3.53 million was described as followed: 1. SAFE Energy Holdings Company Limited (“SAFE”) is the joint venture that the Company holds 33.37%. Currently
sharing of gain from investment value of the associates and joint venture, for the 1st quarter 2018 amounted to Baht 0.25 million with the details as follows; 1. SAFE Energy Holdings Company Limited (SAFE
ventures in quarter 3, the balance of Baht 1.2 million was described as followed: 1. SAFE Energy Holdings Company Limited (“SAFE”) is the joint venture that the Company holds 33.37%. Currently, the project
placed for recovery. Dusit Thani PLC Management Discussion and Analysis For 2Q20 and 6M20 P a g e | 10 Our view on the post COVID-19 hospitality landscape are as follows: • More consolidation of hotels • A
-recurring revenue. As a result of consolidation, non-recurring revenue increased by 37.97mb or 33.8% increase year-on-year. Recurring revenue from Financial Solutions increasing by 4.35mb or 7.0% but offset
weighted in non-recurring revenue. As a result of consolidation, non-recurring revenue increased by 17.72mb or 35.5%, reversing from a dip in non-recurring revenue in previous quarters. Recurring revenue
. Excluding the consolidation of our Outdoor and Digital Services business, our revenue improved organically by 19.8% against a backdrop of double digit decline in overall advertising spending. Despite the
significantly by 222.5% YoY to THB 1,481mn, predominantly due to the consolidation of the acquired hotel business in Europe (Vienna House), the improving operating performance of our hotels in Thailand and the
significantly by 139.5% YoY to THB 1,791mn, predominantly due to the full quarter consolidation of the acquired hotel business in Europe (Vienna House), the consolidation of assets from the Entire Business