Microsoft Word - MD&A Q2-2019 (revised 2) (1).docx August 6, 2019 Reference no. RWI /RY/011/2562 Subject : Management’s Discussion and Analysis of Business Operations of the Second
Management Discussion and Analysis for Interim Business Operations 2019 % 2018 % Inc./(Dec.) % Construction Income 44.36 86.52 35.57 96.14 8.79 24.71 Service Income 5.94 11.59 0.00 0.00 5.94 #DIV/0
(“arcona Hotel Portfolio”) which incorporates the operating leases of 17 existing hotels (1,792 room keys) and operating lease of 2 new hotels which expect to start operations in 2020 and 2022 (251 room keys
and existing completed projects. - Revenues from hotel operations in Q1/2018 amounted 78.97 million baht slightly increased by 5.82 million Baht or 7.96% from 73.15 million baht in Q1/2017. - Others
incomes, resulting in deferred tax. 3 . The Company's net loss from its operations and extra expenses for the year ended 3 1 May 2018 was Baht 302.53 million, a decrease of Baht 470.26 million or 280.37
% contributed from zinc trading business and 7% from renewable energy. The decrease is mainly from a drop in total sales volumes of zinc. As a result of the ceasing of the zinc operations, the sales volumes of
compared to previous year. Furthermore, Halcyon Metal Co., Ltd. (HM) has one of its main customers restructuring its business operations and transferring its overseas end customer to HM directly, resulting
Reflection Jomtien Beach Pattaya. - Revenues from hotel operations in Q2/2018 amounted 62.37 million baht slightly decreased by 3.68 million Baht or 5.57% from 66.05 million baht in Q2/2017. - Management fee
operations in Europe were included in finance cost and (ii) long- term loans from EBT of UE Total assets as of 30 June 2018 stood at THB 55,804mn, growing by 39.3% YoY or THB 15,741mn, mostly from the EBT of
the ceasing of the zinc operations, the sales volumes of imported metals increased to 98% of the total sales in 9M 2018, marking a complete make-over into PDI’s Metals business. On top, the continuous