Microsoft Word - MD฿A ประจำปี 2560_E 1 -1- Management Discussion and Analysis for the Year 2017 1. Operating Results (Company and Subsidiaries) Consolidated revenue for the twelve months of year 2017

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

Revenue Breakdown 13 Table 6 Reconciliation of Core Profit After Tax and NCI to Reported Net Profit 14 Table 7 Cash Flow Statement 14 Table 8 Debt Profile 15 Table 9 Joint Ventures Performance 15 Table 10

segment) 13 Table 5 Regional Revenue Breakdown 13 Table 6 Reconciliation of Core Profit After Tax and NCI to Reported Net Profit 14 Table 7 Cash Flow Statement 14 Table 8 Debt Profile 15 Table 9 Joint

. The Baht 217.15 million of net income or 96% decreased due to:- 1. Total revenue decreased of Baht 78.01 million or 22% mainly from:-  Fee and service income decreased of Baht 76.16 million from mutual

2019 shows a net profit of 0.5 million baht, which was higher than the same period from previous year. Thus, the details of the Company’s performance are explained as follows; Q1/2018 Q1/2019 Change MB

(8.22) 2. The operation results(from the consolidated finance statements) Item First quarter of 2019 First quarter of 2018 Profit (Loss) for three months attributable to equity holders of the Company

follows: 2 - Credit Card For nine-month period, credit cards turnover comprised of 57% of total turnovers, with the revenue of 5,017 million baht, increasing by 3% y-y. In the third quarter of 2017, credit

% of total turnovers with revenue of 5,646 million baht, an increase of 629 million baht or 13% y-y. In the third quarter of 2018, credit card revenue was 1,914 million baht, an increase of 222 million

. Highlights  Health and safety: There were no lost time injuries in Q3 2018. We are committed to our ultimate objective of zero accidents  Revenue: 303mTHB in Q3 2018 compared to 203mTHB in Q3 2017; 852mTHB