4,669.2 (2.0%) Revenue from finance lease under power purchase agreement 109.4 104.5 105.2 0.7% (3.8%) 307.0 312.1 1.7% Cost of sales and services (1,350.7) (1,191.7) (1,168.7) (1.9%) (13.5%) (3,674.1

2018 Increase/(Decrease) 9M 2017 9M 2018 Increase/(Decrease) THB mm THB mm THB mm % THB mm THB mm THB mm % Total Revenue/1 2,149.5 1,756.9 (392.6) (18.3%) 6,922.3 7,227.4 305.1 4.4% Total Cost 691.7

) (60.0) (40.0) (20.0) 0.0 20.0 40.0 60.0 80.0 100.0 120.0 140.0 160.0 180.0 200.0 0 200 400 600 800 1,000 1,200 1,400 1,600 Q1/18 Q2/18 Q3/18 Q4/18 Q1/19 Q2/19 Q3/19 Sales Revenue Unit: Million Baht  Thai

Standard No. 15 (Revised) : Revenue from Contracts with Customers, effective 1 January 2019 has impacted on the Company and its subsidiaries’ financial statement as follows : o Brand : Adjusting some

1,400 1,600 Q1/17 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18 Q3/18 Q4/18 Sales Revenue Net Profit Unit: Million Baht Page 2 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market In Q4/2018, domestic

MANAGEMENT DISCUSSION & ANALYSIS 1Q 2019 15 MAY 2019 U CITY PCL 1Q 2019 - MD&A (for three-month period ended 31 March 2019) 1 U CITY PCL 1Q 2019 KEY FINANCIAL HIGHLIGHTS • Total revenue increased by

Calculation based on value of equity shares issued for the payment of assets Equity shares issued for the payment of assets x 100 Paid-up shares of the company** This basis could not calculated because of none

compared to the same period last year. Total revenues constituted of the following: 1) Revenue from the hotel business of THB 1,527.1mn, which grew by THB 1,246.0mn or 443.2% when compared to the same period

(mil litres) 1,086 1,103 1,202 -1.5% (9.7%) 3,506 3,300 6.2% Growth Q3/2016 Q2/2017Q3/2017 9m/2017 9m/2016 Page 2 of 8 Total revenue of Q3/2017 of the Group was Bt886.1 million decreased by Bt8.8 million

25.95 1,140.20 165.56 1,266.82 Revenue from sales electricity 90.50 89.30 - - 90.50 89.30 Revenue from sales and services 4.67 3.53 - 1,120.54 4.67 1,124.07 Dividend income 32.34 - - - 32.34 - Other