quarter driven by resilient sales and margins in Integrated PET, USA PX and PIA businesses. Core net profit grew to THB 1.6B • Core EBITDA grew in all segments and in all regions as our products primarily

rising plus additional coverage of 5G in key area. The growing COVID-19 impact on economy is likely to be less pronounced to telecom spending which is relatively resilient in nature to the economic

bonds by their issuers. Climate Bonds Initiative (CBI): An investor-focused not-for-profit organisation, promoting large-scale investments that will deliver a global low carbon and climate resilient

carbon and climate resilient economy    Second Party Opinion (SPO) provided by Sustainalytics • To verify BTSG Greenbond Framework aligned with the Green Bond Principles • Sustainalytics, a leading

accessibility to low cost of funding. Looking forward, fiscal stimulus will be maintained to ensure that the economic recovery remain on track. Vaccines for sustainable, inclusive and resilient economic growth

taking into consideration the redevelopment of the flagship Dusit Thani Bangkok, which will cease operations in its current form on 5 January 2019, the management of DTC has forecasted stable or resilient

deliver a low-carbon and climate-resilient global economy. Climate Bonds seeks to mobilise investors, industry and government to catalyse green investments at the speed and scale required to avoid dangerous

carbon and climate resilient economy. The Initiative seeks to develop mechanisms to better align the interests of investors, industry and government to catalyse investments at a speed and scale sufficient

proven resilient in the past and we expect this to continue into the rest of 2019. The main lime consuming sectors of the industry were not immune to the disruption: the sugar cane harvest was down after a

169 million. Dusit Thani PCL Management Discussion and Analysis For 1Q18 P a g e | 6 *Annualized ** = EBIT/ Interest expense The Company’s profitability remained resilient in 1Q18, showing improved