Page 2 of 12 Contents CONTENTS 2 INTRODUCTION 3 SOLAR BOND MARKET AND POTENTIAL FOR GROWTH 3 HOW MANY BONDS EXIST ALREADY? 3 HOW CAN BOND CERTIFICATION HELP GROW THE MARKET? 3 KEY ISSUES IN DEVELOPING
CONTRIBUTION This quarter, the hospitality segment was the primary growth contributor, 5% growth or from THB 1,179mn in 1Q 2018 to THB 1,239mn in 1Q 2019. These were from (i) new hotels launch: Vienna House Easy
) for the acquisition of the 176-key hotel Vienna House Easy Chopin Bratislava, which was formerly only managed by Vienna House for EUR 8.9mn (THB 347mn). On 1 March 2018, all economic benefits, risks
/2020 of Baht 376.38 million, a 9.45% Grow up or Baht 32.49 million same period of previous year. respectively in resulting from upward revenues along with the expansion of branches and scopes of services
acquisition vehicle and own lands with hotel building known as Vienna House Easy Chopin Bratislava (“Vienna House Easy Bratislava”). The Company would like to inform that on 1 9 April 2 0 1 8 , VBRE has
line with the continued economic slowdown, whereas overall consumer loan continued to grow at a high rate despite a slower growth in mortgage lending and auto loan, personal loan and credit card expanded
accelerated to grow. Regarding domestic demand, private consumption slowed down as a declining household income and employments, particularly in export-related manufacturing sectors. According to the slowdown
line with the continued economic slowdown, whereas overall consumer loan continued to grow at a high rate despite a slower growth in mortgage lending and auto loan, personal loan and credit card expanded
accelerated to grow. Regarding domestic demand, private consumption slowed down as a declining household income and employments, particularly in export-related manufacturing sectors. According to the slowdown
House Easy Leipzig (VHE Leipzig) hotel under Vienna House was fully launched MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 14 AUG 2018 U CITY PCL 2Q 2018 MD&A (for the quarter ended 30 June 2018) 2 U CITY PCL