business size of medium and small. Government sector postponed the expenditure in short term after had speed up the expenditure in earlier. The economic condition faced to the minus factors and high

shareholder equity as a result of the capital increase. During 1Q 2018, capital expenditure for U City was THB 51mn. Capital expenditure excludes the EBT of UE, which is classified as an investment. CASH FLOW

traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see

% growth in the previous quarter, as a result of private consumption and public investment showed contraction while export of goods, private investment and government expenditure expansion. In addition, the

than expected improvement projects on the kilns. However, going into H2 variable cost savings will add to EBITDA as we see the impact of lower fuel costs Efforts continue to optimize cost further with

increase in the first quarter more than offsetting the abovementioned. For the 12 months ended 31 December 2018, capital expenditure for U City was THB 1,480mn, an increase of 190.2% or THB 970mn, primarily

improvement expenditure. 3. The consolidated net loss was 2.38%, decreased from the same period of last year at net profit 5.16%, mainly caused by reduction in gross profit margin while selling and

attributed mainly by number of factors, namely 1.) Growth in Tourism sector from visa-on-arrival measure and Hong Kong disturbance which reflects an increasing in tourists 2.) Government spending for

market and an investment in assets in order to received privileges under investment promotion schemes granted expenditure reduction around 1.5 times. The installation of kiosk takes approximately 4-6

competitors entering to the market, and invested in assets in order to receive privileges under investment promotion schemes granted expenditure reduction around 1.5 times. The installation of kiosk takes