43.62 million Baht in the 1st quarter of 2019, and net loss of 6.22 million Baht in the 1st quarter of 2018. The Company’s net loss has increased 37.40 million Baht or 601.29 % from the previous year. In

in sale quantity and production cost. Performance Revenue from sale and cost of sale The Company and subsidiary recorded a sales volume of 1,449,290 tons for the year 2018, increased by 66,524 tons

Baht 1,264 million, increased by Baht 217 million or 21% comparing with same period of last year which posted revenue from service-tolling Baht 1,047 million. Net loss of the Company and subsidiary was

. For the three-month periods ended 30 June 2018 and 2019, the Company’s revenue from rental and rendering services was THB 121.7 million and THB 140.6 million, respectively, which increased THB 18.9

MANAGEMENT DISCUSSION & ANALYSIS 1Q 2020 15 MAY 2020 U CITY PCL 1Q 2020 - MD&A (for three-month period ended 31 March 2020) 1 U CITY PCL 1Q 2020 KEY FINANCIAL HIGHLIGHTS • Total revenue increased by

of delivery and retail merchandise increased by boosting sales through these channels in response to the changing consumer behavior and later on in response to COVID-19 crisis. Sales of retail

previous year. On the other hand, revenue from sale of RATCH-Australia Corporation Pty Ltd, a subsidiary, increased in the amount of THB 112.60 million, due to the commencement of commercial operation of

for an increased level of production and the Company’s aggressive growth from 2018 onwards; 3) cost from trial runs and start-up of a new production line for some products, driving higher yield loss and

1,548 million liters, with the growth rate increased by 4.1%(y-o-y) and the total flights increased by 4.6%(y-o-y) to 75,850 flights. Such the growth were mainly driven by the removal of International

in 1st quarter – 3rd quarter increased due to high demand of HDPE resin in China. This led to increasing of the production cost of the Company. Analysis of the operating results of WIIK and Subsidiary