the company still has the ability to not cause significant losses in the midst of the current economic and epidemic crisis of Covid-19. 4 Financial Position: Consolidated Financial Statements 1. Total

possible to do so. MANAGEMENT DISCUSSION & ANALYSIS 1Q 2020 15 MAY 2020 U CITY PCL 1Q 2020 - MD&A (for three-month period ended 31 March 2020) 11 U CITY PCL BUSINESS PLAN AND OUTLOOK The epidemic from a new

epidemic has caused some businesses in the group to be affected by government policies. To close the mall and the closure of the country from the end of March until the beginning of May to prevent the spread

20% from the 1st quarter of 2020 due to the impact of the COVID-19 virus epidemic, the logistic and transportation have decreased. As a result, the overall diesel consumption of the country in the 2nd

of sold was decrease from the 3rd quarter of 2020 by 21.99% or decrease by 26.28%. Due to the epidemic of the COVID-19 around the world, there is a shortage of refined glycerine in the market. The

Thai economy in the third quarter was still affected by the prolonged COVID-19 outbreak and the uncertainty of the epidemic situation of the new Omicron strain of COVID-19. In order that, the

gradually ease the strict measures. In addition, the prolonged epidemic situation has resulted in people beginning to adjust their lifestyle to live safely in the new normal. • This trend is in line with the

by Baht 85.68 million or 54.77%, the main factors from the price are increase 119.25% as compared to the same period of last year, due to the epidemic of the COVID-19 around the world, there is a

or 49.49%, the main factors from the selling price are increase 64.96% as compared to the same period of last year, due to the epidemic of the COVID-19 around the world, there is a shortage of refined

COVID-19 epidemic. • Administrative Expenses to Total Revenue in Q2/2022 was 15.4%, improved from 23.2% in Q2/2021 mainly due to the increase in administrative at a lower proportion than the increase in