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export branded business, despite a decrease in export CMG and domestic branded. Net profit in Q4/2017 was Baht 28 million, a decrease of 76% YoY due to 1) lower sales contribution of export pressuring
agent; “mutual fund rating” means giving advice or opinion or suitability of investment in a mutual fund in comparative value and may be giving a sign or other symbol for supplementing such advice or
customers, additional contribution from Demineralized Water. 2 Gross Profit and Gross Profit from Operation In 2019, Gross Profit was Baht 692.8 million, a 17.8% increase from Baht 588.3 million in 2018, and
4.3% YoY to THB 1,462mn mainly due to the expansion of hotel business through new hotels launch, through new acquisitions and the contribution from acquired assets under the Entire Business Transfer of
2Q 2019 - MD&A (for three-month period ended 30 June 2019) 3 U CITY PCL SEGMENTAL PERFORMANCE 2Q 2019 REVENUE CONTRIBUTION BY SEGMENT 2Q 2019 REVENUE GROWTH CONTRIBUTION This quarter, the hospitality
of income generating assets from the EBT of UE since 16 March 2018, whose revenue contribution this quarter amounted to THB 119mn, being partially offset by (iii) a decrease of 25.8% YoY or THB 29mn of
customers, additional contribution from Demineralized Water. 2 Gross Profit and Gross Profit from Operation In 2019, Gross Profit was Baht 692.8 million, a 17.8% increase from Baht 588.3 million in 2018, and