or decreased 91.54%. The Company and its subsidiaries had financial cost for the 6 months ended June 30, 2019 amount of 102.33 million Baht, which increased from the same period of last year amount of

MANAGEMENT DISCUSSION & ANALYSIS 2019 14 FEBRUARY 2020 U CITY PCL 2019 - MD&A (for the year ended 31 December 2019) 1 U CITY PCL 2019 KEY FINANCIAL HIGHLIGHTS • Total revenue increased by 53.4% YoY

that in the same period of the previous year due to lower wind speed. (3) Revenue from sales of RCO increased due to the acquisition on October 1, 2019. Management Discussion and Analysis For the Three

previous year, the net profit of the Corporate Group for the 1st quarter 2020 increased by 1.56 percent. Details of the changes or impacts are described in the Management Discussion and Analysis (MD&A) as

which increased prices due to the drought. Operators are not expected to significantly increase prices and focus mainly on controlling cost, due to the economic slowdown and highly competitive market

announcement of biodiesel mandatory changed from B7 to B10. However, the average biodiesel selling price is significantly increased, which tracked the Crude Palm Oil (CPO) price in 2021 (Source: DIT) was 38.00

of tourism and service sectors, coupled with increased consumer purchasing power from reduced inflation. Nonetheless, the global economy showed a sign of uncertainty and a risk of recession, causing

, mainly derived from sales of biomass power plants which increased by Baht 100.3 million as the biomass power plants had shutdown hours to improve the power plants machinery’s efficiency in the third

results showed net profits in the 4th quarter of 2019 amounting to Baht 879.9 million, increased by 17.1% when compared to the 4th quarter of 2018 as a result of the increase in the net non-interest income

HIGHLIGHT Sales and Service Income • Sales and service income increased 20.6% y-on-y in 2019 to Baht 44,132 million and 13.3% y-on-y in Q4’2019 to Baht 11,258 million primarily due to 1) the additions of 692