considered as a normal level for the business at the beginning stage launching new products into the market which requires high spending. 4. Financial Position of the Company and its Subsidiaries (Unit: Baht
was reducing, foreseen, and undergoing following the Company’s plan, while the loss was considered as a normal level for the business at the beginning stage launching new products into the market which
was appreciated from 35.9 THB/USD at the beginning of 2017 to 32.5 THB/USD at the end of the year or 10% appreciation. Nevertheless, GGC’s financial position for the year ended 2017 remains strong, with
Customers” which become effective for fiscal years beginning on or after 1 January 2019. The Group chooses retrospectively adjustment in the period of initial application. For statements of financial position
monetization to WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (WHART) and HREIT in the late 2017 and the beginning of 2018 respectively, thereby reducing the leasable area. Gross
40,000,000 per month. At the beginning of next year, there will be more construction due to the economy stimulation by government sector, with expect that demand for steel will increase, the subsidiary should
periods During the three-month and nine-month periods ended 30 September 2019, the Group has adopted TFRS 15 “Revenue from Contracts with Customers” which become effective for fiscal years beginning on or
& ANALYSIS 2019 14 FEBRUARY 2020 U CITY PCL 2019 - MD&A (for the year ended 31 December 2019) 9 U CITY PCL 2,797 2,767 204 488 85 (807) Beginning Cash 1 Jan 19 CFO CFI CFF Others Ending Cash 31 Dec 19 CFO
cash equivalents was THB 1,892mn, decreasing from THB 2,767mn at the beginning of the year. In 1Q 2020, Cash generated from operating activities was THB 228mn. This was derived from loss before tax of