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MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020 13 AUG 2020 U CITY PCL 2Q 2020 - MD&A (for three-month and six-month period ended 30 June 2020) 1 U CITY PCL 2Q 2020 KEY FINANCIAL HIGHLIGHTS • Total revenue
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Retail 921 934 1,002 9% 7% 3,609 3,820 6% Industrial 570 483 553 -3% 14% 2,180 2,196 1% Total 1,492 1,417 1,555 4% 10% 5,789 6,016 4% Wholesale Business Petroleum traders in accordance with section 7 258
% Industrial 447 489 449 1% -8% 963 938 -3% Total 1,455 1,521 1,543 6% 1% 2,969 3,064 3% Wholesale Business Petroleum traders in accordance with section 7 144 138 149 3% 8% 295 286 -3% Export 141 246 205 45% -17
% 1,521 -6% Petroleum traders in accordance with section 7 186 147 27% 138 35% Export 218 316 -31% 246 -11% Total Sales Volume2/ 1,829 2,094 -13% 1,904 -4% Note: 1/ Inventory Gain/(Loss) in the table
(Enclosure 4) 1 (-Translation-) Information Memorandum on the Connected Transaction and Asset Acquisition of Master Ad Public Company Limited pursuant to Schedule 2 of the Notification of the Board
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