Dusit Thani : Post Meeting Shareholder Inquiries of Annual General Meeting of Shareholders No. 31/2024

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Post-Meeting Shareholder Inquiries

the Annual General Meeting of Shareholders No. 31/2024

Dusit Thani Public Company Limited

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Mr. Chayasith Arammongkonwichai, a shareholder participating via electronic media, posed a question regarding the primary reasons behind the Company's ongoing operational losses.

In response, Mr. Sukit Ngamsangapong, Chief Financial Officer, Finance and Accounting, explained that while the Company has witnessed substantial revenue growth, particularly from its hotel and new business ventures, especially the investments in the food business, there are concurrent expenses associated with expanding into these new ventures. These expenses have resulted in an increase in gross profit. Additionally, to ensure long-term sustainability, the Company has incurred necessary expenditures such as personnel costs and investments in educational curriculum development and various technologies. These outlays, coupled with interest expenses from investments in multiple projects, have contributed to the Company's current losses. However, the management has put effort to improve the Company's profit margins.

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