”) reported total revenue of THB 1,121 million, contributed by an increase in revenue from Hotel Business, primarily from owned hotels overseas, despite an adverse impact from an exchange on translated

Dusit Thani Bangkok hotel and THB 3 million net increase from new investments. The Company still maintains core revenue growth forecast at 8-10% and plans to sell investment in subsidiary to alleviate

total revenue of THB 1,621 million, a decrease of 9.5% from 4Q17, contributed by decrease in revenues from the absence of Dusit Princess Korat Hotel and Other income. Earnings before Interest, Taxes

achieved strong earnings, a growth of 49% in core EBIDTA or $749 mil- lion which is on track to deliver over $1 Billion in annual EBITDA in 2017, the first time in the history of the Company. The strong

limited capacity additions. The Fibers segment delivered robust earnings with 1Q 2018 core EBITDA of $55 million, a 21% increase year-on-year. The business continued to benefit from strong demand growth of

create a diversified earning stream via its HVA portfolio. This portfolio, which accounted for 52% of overall core EBITDA, has enabled the Company to de- liver robust earnings on a sustained basis. The HVA

MANAGEMENT DISCUSSION & ANALYSIS 1Q 2019 15 MAY 2019 U CITY PCL 1Q 2019 - MD&A (for three-month period ended 31 March 2019) 1 U CITY PCL 1Q 2019 KEY FINANCIAL HIGHLIGHTS • Total revenue increased by

31 ธ.ค. 59 หรอื บจ. บางแหง่ไมไ่ดน้ าสง่งบการเงนิตามก าหนดเวลา 93% บจ. สว่นใหญ ่ม ีKAM 1 - 2 เร ือ่ง * 2 KAM สว่นใหญเ่ป็นเรือ่ง revenue & impairment * Comprise of Debt Covenant, Related Parties

% West Feedstock 168 207 177 (5)% 186 169 10% Asia PTA 55 9 15 272% 33 18 85% Indorama Ventures 2nd Quarter 2018 MD&A 6 Asia PET business delivered strong earnings growth supported by improving industry

% Million Baht % Sales Revenue 65.77 82.58% 63.35 79.06% (2.42) (3.69%) Revenue from contract work 12.32 15.46% 14.28 17.82% 1.96 15.93% Revenue from service income 0.61 0.76% 1.40 1.75% 0.80 131.23% Revenue