24% YoY from the entire year’s realization of revenue from the cooperative solar projects in collaboration with the War Veterans Organization of Thailand (WVO), and the commencement of commercial

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

expenses of new outlets (i.e. Hat Yai, Chachoengsao, Rayong and Diana branches) particularly personnel and marketing expenses which relatively high during the opening period. Also, the Company recognized

restructuring, and increase in revenue from rental service due to the opening of three new retail plaza locations under our Thailand department stores segment and the first full year contributions from two

there is no opening project cost in this period and increase in revenue Bath 32 million. 3. Gross profit of Solar energy (“SE”) increased Baht 1 million and the same level of gross profit margin. 4

driven by opening of Mitsubishi and Ford showroom in April 2022 and August 2022 respectively. Therefore, there were no sale from Mitsubishi and Ford new showroom in Q1 2022. In Malaysia, sales growth was

also featured SEC Chairman’s opening speech, SEC Secretary-General’s overview of the strategic plan, and SEC Management’s presentations on key developmental areas. SEC Chairman Voravidh

“Central i-City” the first international shopping center Central Phuket celebrated an opening of “TRIBHUM” - the world’s first 3D walkthrough theme park, new luxury zone with high-end brands and “Aquaria

purpose of reducing the deficit in the separate financial statements of the Company. 5 November 2018: U City’s ordinary and preferred shares start trading at new par value. The reverse stock split which

health authorities. The Company has a re-opening schedule by countries as follows: − Thailand Hotels in Phuket and Koh Phi Phi have resumed its operations on July 1, 2020 and hotels in Koh Samui have