15 พฤษภาคม 2543
NOTIFICATION OF NET PROFIT INCREASE FROM 1999
Translation
Consolidated Financial Statements as of March 31,2000 of Dusit Thani Public
Company Limited showed net profit for the amount of Baht 130.18 MN. which
increase Baht 28.19 MN. compare the same period of 1999. The reason of net
profit increasing is the result of the companys hotels operation at the first quarter
of this year was better than last year.
There are same adjustment which do not relate with hotel operation which are
accrued interest expense of subsidiaries by using default rate and Goodwill from
purchasing the shares of Dusit Hotels and Resorts Co., Ltd from minority
shareholder in 1999.
Moreover , at the first quarter of this year the Financial Statement of Dusit Thani
Delaware, Inc. was not consoled with the Company. Because the Board had
resolution to close Dusit Delaware, In. which is in processing of Liquidation at this
moment.