& ANALYSIS 1Q 2017/18 2 AUG 2017  Demo Power (Thailand) Company Limited successfully expanded to VGI’s commercial spaces by launching demonstration services across BTS stations.  Recognised additional

recognised as equity income to U City and enhance future earnings. …………………………………. (Miss. Piyaporn Phanachet) Chief Executive Officer

, increasing by 40.0% YoY to THB 93mn. The revenue growth in the first quarter was mainly from a higher utilisation rate as well as price increases. In addition, the Company also recognised revenue from new

projects and their associated costs. During the quarter, the Sansiri JV recognised transfers of The Line Chatuchak-Mochit (now fully transferred), The Line Wongsawang and The Line Ratchathewi projects

from the Sansiri JV, which recognised transfers of The Line Wongsawang,The Line Ratchathewi, The Line Asoke-Ratchada and The Base Garden Rama 9 projects during the quarter. Finance costs were THB 133mn

Switzerland since May 2019, in which 17 operating hotels revenue was recognised in 2019. The revenue increase was also helped by the revenue from the 4 renovated hotels that returned to operation since the

23.6% YoY to THB 343mn  Full-quarter recognition of ‘International Advertising’  Recognised net loss from non-recurring expenses of THB 180mn from impairment of assets, loss on disposal/ write-off of

million. Q4/2018, the Company and its subsidiary had independent specialist to evaluate and reclassified employee benefit payables as well as recognised actuarial loss Baht 0.44 million deductible deferred

remained depreciation expense of old building improvement of head office amount of Baht 3 million was recognised in the same period of previous year. As a result, depreciation expense of the subsidiary

project development. Furthermore, in the year 2022, the Group also recognised the provision of damages from civil case which the civil court ordered the sentence and loss from impairment of assets. Finance