venture was renamed to Ratchada Alliance; which U City still holds 50% of the ordinary shares. The purpose of this JV is to invest and develop real estate projects for sale. MANAGEMENT DISCUSSION & ANALYSIS
Project 1.9 Profit sharing to minority shareholders of subsidiary company On Oct 1 2010, the company sold partial investment in a subsidiary company to Japanese alliance, Mory Industrial Inc., As of 31st
non-controlling interest of a subsidiary company On Oct 1’ 2010, the company sold partial investment in a subsidiary company to Japanese alliance, Mory Industrial Inc. The Company and its subsidiaries
operating profit. 1.9 Profit Sharing for non-controlling interest of a subsidiary company On Oct 1’ 2010, the company sold partial investment in a subsidiary company to Japanese alliance. The Company and its
company On Oct 1’ 2010, the company sold partial investment in a subsidiary company to Japanese alliance. The Company and its subsidiaries recognized profit sharing to minority shareholders according to the
first time since 2008. Criteria for the circuit breaker measure were also adjusted to be more stringent in order to curb excess volatility in the Thai bourse. To cope with the extremely volatile financial
EBITDAR margins are not standard measures, nor measurements of financial performance or liquidity, under TFRS, and should not be considered alternatives to net profit (loss) or any other performance measure
B10 and B20 to be lower than diesel price of standard grade by 1 Baht/ litre and 5 Baht/ litre respectively. This measure was terminated on September 2019, then adjusting to 2 Baht/ litre and 3 Baht
performance or liquidity, under TFRS, and should not be considered alternatives to net profit (loss) or any other performance measure or as an alternative to cash flow from operating activities. Since there are
and loans. The accounting policy, that was used to record and measure the value of financial tools, has been disclosed in the released notes to the financial statements. The Company has reduced the