million, results include the planned River Wing renovation works which significantly reduced available room inventory for sale. The target opening in October 2019 has been delayed, however the risk

(THB 4mn in the previous year) as the building is currently under renovation. Other income fell 2.7% YoY or THB 3mn to THB 108mn, mainly from reclassification of other (sundry) income and lower interest

1Q 2018 MD&A (for the quarter ended 31 March 2018) 5 U CITY PCL 15 MAY 2018 OFFICE SEGMENT BLENDED OFFICE PERFORMANCE METRICS NET FLOOR AREA (NFA) & OCCUPANCY RATE UNDERWOOD STREET UNDER RENOVATION TST

decreased by Baht 217.1 million or 49.0% compared to the same period last year which was resulted from the renovation of the River Wing building that included the closure of 338 guestrooms, Verandah

income for the first quarter ended 31 March 2019 decreased by Baht 158.2 million or 22.9% compared to the same period last year which was resulted from the renovation of the River Wing building that

220.9 million or 55.4% compared to the same period last year which was resulted from the renovation of the River Wing building that included the closure of 338 guestrooms, Verandah, Riverside Terrace, and

occupancy rate fell to 72.6% from 75.1% mainly as a result of the renovation impact of key hotels located in Czech Republic and Poland. Please note that this quarter included the full quarter performance of

, operating profit would decrease by Baht 75.3 million or 45.6% if excluding the write-off of plant and equipment from the renovation of River Wing building amount of Baht 79.0 million. For expenditures, the

previous year) as the building was under renovation for the majority of the year. Other income grew 61.4% YoY or THB 261mn to THB 685mn, mainly from (i) higher interest income of THB 239mn, (ii) management

showed a decrease of Baht 134.8 million or 25.3% compared to the same period last year, primarily due to the delay completion of River Wing renovation project to mid-2020. This had an impact upon the