MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 14 AUGUST 2019 U CITY PCL 2Q 2019 - MD&A (for three-month period ended 30 June 2019) 1 U CITY PCL 2Q 2019 KEY FINANCIAL HIGHLIGHTS • Total revenue increased

Company Limited (“the Company”) had revenue from services of THB 1,151.6 million, decreased by 34.3% from the six months ended of the year 2019, as a result of the temporary suspension of hotel operation in

quarter of the year 2020, as at 30 June 2020, TCJ and its subsidiaries had the total revenue of Baht 568.38 million increased from Baht 543.85 million in the year 2019 or increased by 4.51%. Revenue

and its subsidiaries had revenues from construction services and sales of construction materials of Baht 14,959.24 million, representing 95.03% of total revenues, a drop of 26.27% or Baht 5,330.64

construction materials The Company and its subsidiaries had revenues from construction services and sales of construction materials of Baht 22,185.45 million, representing 94.50% of total revenues, a drop of

affects the sales and production costs of the company and the subsidiaries during the 3rd quarter of the fiscal year 2020 (April 1, 2020 to June 30, 2020) as follows; 1. The company's total revenue

the drop in the cost of raw materials of CHPP following the progress of EPC work. However, the proportion of revenue that decreased is larger than the decrease in cost of raw materials, resulting in a

storage and networking power supplies (Computer & Networking Power) have seen consecutive drop in revenue at 26.2% and 36.5% for year 2016 and 2015, respectively. This is due to the rapid shift towards

. - Overall Revenue from sales was at THB 24,297 million, or -2.9% YoY, driven by Unicharm distribution agreement termination, and 33.7% dropped in OEM sales of glass bottles due to planned furnace repair in

Page 1 of 6 Performance Overview In 3Q17 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a total revenue growth of 82% YoY, mainly from higher contribution from