2015 Net sales 290.14 932.08 734.63 694.4 Other revenue 4.88 26.40 18.23 24.80 Total revenue 296.53 965.11 756.2 721.35 Cost of sales 109.12 389.64 330.05 309.05 Selling and administrative expenses

company had an strictly and effective stock management and cost control of raw material. Expense In the first quarter of 2020, the company had the selling cost of 5.12 million baht, decreased by 3.35

Analysis 1Q2020 Significant Events The EXTRO, an affordable luxury condominium, was officially launched in February 2020 with THB 4,066m project value, 411 unit and THB 235,000 average selling price per Sqm

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

or 36.72% because of effective cost control. Net Loss of Company’s operation Net Loss of the group of the Company’s operation for the Year End 2018 ended December 31, 2018 when comparing with the year

Baht 349.94 million, which was increased of Baht 47.69 million or 13.63 percent. As a result of effective ownership transferring was increased. These include Baan Pha Piyarom Lake Grande, Baan Pha

restructuring and cost management as well as reserve requirements to comply with LCR guidelines under Basel III. In terms of loan quality, non-performing loan (NPL) stood at Baht 465 billion or a ratio of 2.98

and environment – under good corporate governance, appropriate risk management and effective cost management. Prioritizing the development of technological solutions with the aim of becoming “Customers

Baht 354.51 million, which was increased of Baht 41.44 million or 11.69 percent. As a result of effective ownership transferring was increased. These include Baan Pha Piyarom Niva, Natureza Phase 2, Baan

Service Revenue The Company and its subsidiaries’ rental income and service revenue earned increase of Baht 0.68 million or 1.26 percent. 2  Expenses Cost of Sales The Company and its subsidiaries have the