/ 4  Total revenue of Q1/2019 increased mainly are results of rising in revenue of rice business, while, revenue from food chain and restaurant declined. The main reasons are less travelers in the

-0.07 2.51 0.97 -0.90 -108.78 Change +/(-) Unit : million baht • The revenue of Q2/2019 is increased by 26.85 million baht comparing with Q1/2019 because higher revenue from both domestic market and

the same quarter of the previous year by Baht 63 Million or 1.7 percent mainly from the Si Rat- Outer Ring Road Expressway (SOE) . Other income increased by Baht 60 million or 750 percent mainly from

, but the Company recognized increased slightly sales revenue from overseas sales resulting from Thai Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of

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

increased 31% are results of volume impact in domestic market and also selling price adjustment to trade, regarding to raw material cost increase. ⚫ Total expenses increase 30% are mainly reflected by

period attribute to equity holders of the Company (45.9) (81.9) 36 44% Revenue Revenue from Sales quarter 1 year 2018 was 285.4 MB increased by 2 MB or 0.7% y-o-y due to explain in each business segment

UE, the Company acquired a 50% stake in both the BTS-Sansiri JV and Keystone JV. Finance costs increased by 254.5% YoY or THB 149mn to THB 208mn primarily from interest expense of loans taken to

shares in OKEA, detailed as follow: 3.1 Characteristics Binding Term Sheet in relation to OKEA AS 1. BCPR will agree to subscribe new shares from OKEA in the proportion up to 90% of the increased capital

profits increased by 51.16% on a period-on-period basis. The net profit to revenue ratios stood at 12.37% and 16.71%, respectively, this increase was related mainly to an increase in revenues. For the 2 nd