expense totaling of Baht 14.95 Million. Resulted from the increasing of employee expenses & compensations, audit fee, utilities, consulting fee and advertising expenses. 4. Profitability Gross profit and

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

time since 2016  Media operation in Indonesia reached profitability since its commercialisation in April 2019  Net profit excluding minority interest was THB 42mn KEY BUSINESS UPDATE THAILAND

. Profitability Gross profit and net profit the year ended 31 December 2019 and 2018 as follows; Profitability 2019 2018 (Million Baht) % (Million Baht) % Gross profit 182.59 8.97 145.99 10.53 Profit attributable

several measures across our business units to minimize the impact on our profitability and maintain financial flexibility. Current business environment 1. Thailand: We temporarily closed our fashion and

which occurred on mid of 2019 for projects’ working capital. Including, to increase the liquidity from the Group’s operation impact of COVID-19. 4. Profitability Gross profit and net profit Q2/2020 ended

affordable price. The Company has established the three-year strategic plan during 2022-2024 for the organization to achieve sustainable income growth rate and profitability as well as income and profit growth

closely monitor and evaluate the situation in order to limit the impact of COVID-19 on profitability and to preserve our financial flexibility. Associate and Customer Care The Company had implemented a

Baht 16.76 Million. Resulted from the increasing of employee expenses & compensations, audit fee, consulting fee and advertising expenses. 4. Profitability Gross profit and net profit of 3rd Quarter

profit of 147.76 million (0.83%) in 2020. The Company’s net profit has improved by 592.98% compared to 2020. It should be seen that company’s profitability improved significantly after a significant impact