( “ the Company” ) has total revenue of THB 1,751.8 million, increased 144.8% from the six months ended period of 2018 as a result of realization of revenue from the Outrigger Hotels which were acquired by

18.61 24.18 (5.56) (23.02) Attributed to the stakeholders with non-controlling capability in subsidiary companies 3.43 3.70 (0.26) (7.14) The Company's service income for the three-month period As of

348.88 19.59 5.62% Sharing of gain (loss) from investment value of the associates -1.27 2.70 -3.97 -147.04% The overview of revenue for the 3rd quarter of the year 2018 by comparing to the same period of

111.5 million Baht which was higher than the same period last year 426.0% due to the reduction of rental cost from the adoption of TFRS16. The Company recorded a gain in from fair vale adjustment for

19.72 million, an increase over the same period in 2017 of THB 1.71 million, or 9.49%, due to expenses from the issuance of THB 210.00 million of bonds in June 2017. However, the Company managed to

, or -24.6%, YoY, due to the overall reduced interest expenses because the Company has managed its loans portfolio in a more effective manner. For the 9 months /2017 period, ended September 30, 2017, the

international sales declined dramatically at 46.03% compared to the same period of the previous year. One of the issues was the delayed product delivery after the license was issued from China Food and Drug

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

MANAGEMENT DISCUSSION & ANALYSIS 1Q 2019 15 MAY 2019 U CITY PCL 1Q 2019 - MD&A (for three-month period ended 31 March 2019) 1 U CITY PCL 1Q 2019 KEY FINANCIAL HIGHLIGHTS • Total revenue increased by

%) Adjusted Net Profit (loss) for the period (148.9) (8.5%) (945.7) (82.1%) (796.8) (535.0%) 1 Non-recurring items is defined as gain on disposal of share of JV company transaction and disposal of sublease 2