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)** 4.22 23.49 * Annualized ** =EBIT/Interest expense Dusit Thani PLC Management Discussion and Analysis For 1Q19 P a g e | 7 • Diversifies into the food business The Company plans to develop instant
available-for-sale investments and other long-term investments, and THB 37 million dividend from associate. Dusit Thani PLC Management Discussion and Analysis 3Q18 and 9M18 P a g e | 8 *Annualized ** EBIT
to equity (time) 1.56 1.11 30-Sep-19 30-Sep-18 Interest coverage ratio (time)** 6.59 7.46 * Annualized ** =EBIT/Interest expense Dusit Thani PLC Management Discussion and Analysis For 3Q19 and 9M19 P a
ratio (time)** 2.48 13.33 * Annualized ** =EBIT/Interest expense Dusit Thani PLC Management Discussion and Analysis For 2Q19 and 6M19 P a g e | 11 students’ learning experiences through practical skill
ratio (time)** 2.50 13.33 * Annualized ** =EBIT/Interest expense Dusit Thani PLC Management Discussion and Analysis For 2Q19 and 6M19 P a g e | 11 students’ learning experiences through practical skill
145 410 Return (not annualized) TotalNo. of fund Duration ≥ 5% 0 - 5 < 0 Closed < 1 yr 46% 1% 4% 51% 1-2 yr 10% 3% 2% 15% > 2 yr 2% 0% 1% 3% Continuing < 1 yr 0% 2% 17% 20% 1-2 yr 0% 0% 4% 4% > 2 yr 0
annualized. 61 funds 7 significant at 5% 94 funds, Fee for return? Some evidence that funds with high expense ratio deliver higher net returns, but not on a risk-adjusted basis. Equity Mutual Funds
, SET HD TRI = 10 Total expense ratio (%) Through the analysis on each fund style, the closet index fund is the worst performer in long term, as well as being the most expensive fees. Closet Index Factor