MANAGEMENT DISCUSSION & ANALYSIS 3Q 2018 14 NOV 2018 U CITY PCL 3Q 2018 MD&A (for the quarter ended 30 September 2018) 1 U CITY PCL 15 MAY 2018 3Q 2018 KEY FINANCIAL HIGHLIGHTS  Total revenue rose

and 0.5% QoQ. Marketing expenses remained at 5.5% of total revenue, same level both YoY and QoQ. Underpinned by localized promotional campaigns, the decline in prepaid subscriber has slowed down, while

price. Despite, the Company had lowered natural fatty alcohols sales volume at 20,938 tons, declined by 16% from 1Q2019. Due to these factors, the Company had total sales revenue at THB 5,227 million

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE In

Page 1 of 7 Management Discussion and Analysis 2018 Executive Summary The operating result of 2018, Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reached total revenue of

tender offer period will be of 45 business days and the delisting process is expected to be completed by December 2019. GLOW Acquisition and Accounting Record Note: 1. In the second quarter of 2019, the

of July-December 2018 at Baht of 0.03 per share. The total outstanding shares entitled for the dividend is 4,554,643,575 shares and total dividend amount is Baht 136,639,307, the record date for the

2.2mn users with more than 330 brand partners. July 2017  On 17 July 2017, Sungai Buloh – Kajang (“SBK Line”) has successfully opened the second phase of operations. Altogether, SBK Line has a total

Company” or “CPN”) reported 2Q17 consolidated net profit of THB 2,483 mn, up by 8% YoY with total revenues of THB 7,620 mn, grew by 6% YoY. The strong performance was resilient as CPN has continually placed

Bt20,000-25,000mn, to continue enhancing the quality of 4G network, which continues to grow and is serving 66% of total customer base. Fixed broadband business grew healthily AIS Fibre reported a sequential