recorded 2,579.1 Million Baht, increasing by 45.4% as compared to Q2 2016 of 1,773.3 Million Baht. This was mainly due to the increasing revenue from property business, specifically The Ritz-Carlton

those returns. Therefore, the Company included the financial statements of TBSP in preparing the consolidated financial statements since April 4, 2018. Revenue Breakdown Business Overview 2Q18 and 1H18

domestic assets such as stocks or debt securities with environmental protection or sustainability themes.Dr. Kulaya Tantitemit, Comptroller-General and acting for Director-General of the Revenue Department

increment is in accordance to the higher in revenue from sales in quarter 4/2018 when compared to sales during last quarter of 2017. Moreover, the Company also had a special campaign to boost sales by

”. Revenue Business categories For the 3-month period ended 30/9/18 % Change Inc. (Dec) For the 9-month period ended 30/9/18 % Change Inc. (Dec) 2018 2017 2018 2017 THB mm % THB mm % THB mm % THB mm % Sales 1

gross margin. Q4’19 Net profit* was at THB 823 million (+4.3% YoY). - 2019 Revenue from sales grew by 5.4% YoY, amounting to THB 25,611 million, aligned with our guidance. Taking out effect from exchange

1 Forth Smart Service Public Company Limited (FSMART) 4Q17 Management Discussion and Analysis Operational Summary in 4Q17  Total revenue from core business was Bt3,105mn, an increase of 38.3 % YoY

-period ended June 30, 2019 with details as follow; unit: million baht Items 3-month periods ended 30 June Changes 2018 2019 Amount % Amount % Amount % Revenue from sales of goods 103.99 100.00 87.61 100.00

its subsidiaries as details below: (Unit: Baht millions) For the period of three months Consolidated financial statement ended 30th June Apr 2018 - June 2018 Apr 2017 - June 2017 Change % Change Revenue

MANAGEMENT DISCUSSION & ANALYSIS 3Q 2018 14 NOV 2018 U CITY PCL 3Q 2018 MD&A (for the quarter ended 30 September 2018) 1 U CITY PCL 15 MAY 2018 3Q 2018 KEY FINANCIAL HIGHLIGHTS  Total revenue rose