, 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

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

localized marketing campaigns in prepaid segment remained in selective areas. Adoption of unlimited fixed-speed plans has increased, posting a challenge to uplift ARPU. Recently, more online channels have

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

coverage and 3) supporting the business operation of MACO in Malaysia, and 4) strengthening overall bargaining power from increased scale. VGM Business Overview* *More commentary on the VGM transaction can

per year to USD 150,000 per year. Other conditions shall be in accordance with the existing agreement. Remark: About increased remuneration, the Hwa Fong Rubber Industry Co., Ltd (HFR) consider and

respectively. It is a result of the construction cost increased from the previous year, which was in line with the rise of revenue. The Company's gross profit is 10% for three-month period and six-month period