the separate financial statements Baht (22.01) million Baht 118.00 million 3. Management Discussion and Analysis 3.1 Sales and service income in 2017 has increased by Baht 526.45 million or 134.09

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

2019, the Company received dividend from its subsidiary company which recognized in other revenue of the separate financial statements totaling of Baht 4.39 Million. 3. Adminstrative expenses On 2019

: Extraordinary Shareholders’ Meeting approves capital restructuring. The Extraordinary Shareholders’ Meeting (EGM) approves a series of transactions, namely (i) a reverse stock split of ordinary and preferred

par value of 10.00 Baht. The total value 130,000,000 Baht, paid – up as 101,625,000 Baht. Separate into  100,000 ordinary shares has fully - paid of 10 Baht per share, totally in 1,000,000 Baht

(from the consolidated financial statements) Baht (27.69) million Baht 41.16 million Profit (loss) for three months (from the separate financial statements) Baht (27.06) million Baht 81.38 million 3

preferred shares shall be 10 shares per 1 vote where any fraction of shares shall be discarded. (3) In case of any change in par value from a share split or a reverse share split, the preferred shares’ rights

Company (from the consolidated financial statements) Baht (175.78) million Baht (5.21) million Profit (loss) for three months (from the separate financial statements) Baht (131.85) million Baht 28.19

the consolidated financial statements) 10.31 MB (27.69) MB Profit (loss) for three months (from the separate financial statements) 20.82 MB (27.06) MB 3. Management Discussion and Analysis 3.1 In the

(loss) for the year (from the separate financial statements) Baht (380.99) million Baht 470.09 million 3. Management Discussion and Analysis 3.1 Revenue from construction in 2019, has decreased by Baht