margin. ➢ Gross profit margin of Q1/2016 included revenue from an area improvement (rock blasting for installing electricity pole) which gained gross profit margin of 60%. Solar energy Solar energy, the

of Baht 25.42 million and 50.37 million in the same period of the previous year which decreased by 0.6 percent and increase by 1.2 percent respectively. The major expenses are in area of personnel

. The major expenses are in area of personnel costs due to salary normally increased year by year and other administrative expenses. 1.6 Share of income from investment in associate In April 2009, the

supported by the grant fund for solar power project development from Australian Renewable Energy Agency (ARENA) in an amount of AUD 9.50 million. The Project is located in a closed coal mine area in the north

approximately 7.7 million baht in order to comply with the Labor Protection Act, revised and announced in 2019. The other increase is in area of personnel costs due to salary normally increased year by year and

DISCUSSION & ANALYSIS 3Q 2018 14 NOV 2018 U CITY PCL 3Q 2018 MD&A (for the quarter ended 30 September 2018) 6 U CITY PCL 15 MAY 2018 OFFICE SEGMENT BLENDED OFFICE PERFORMANCE METRICS NET FLOOR AREA (NFA

percent respectively. The major expenses are mainly in area of personnel costs due to salary normally increased year by year and other administrative expenses. The higher administration expenses in nine

buildings providing net leasable area 139,532 sq.m. in total. In 1Q2020, commercial business generated revenue of THB 243m or 41% increase from last year. Main drivers of the growth rate were the acquisition

additional one-time employee benefit expenses in the current three months, while such provision was made in the same three months last year. The other increase is in area of personnel costs due to salary

cost of sales was mainly due to the decrease of cost of sales in the mobile business and the reduction of rental cost in the rental area business. This is a result of the implementation of the Thai