Overview For the third quarter of 2019, the net profit of the Company and its subsidiary was 474.65 million baht. The total income was 1,067.12 million baht, financial cost was 263.90 million baht, the

2020, the net profit of the Company and its subsidiary was 443.50 million baht. The total income was 1,046.19 million baht, financial cost was 286.71 million baht, the selling and administrative expense

subsidiary for 1st quarter of 2020 ended 31 March 2020. The company net profit of Baht 13.94 million when compared with the same period of year 2019 posted net profit of Baht 34.66 million due to the following

the third quarter of 2019, the net profit of the Company and its subsidiary was 474.65 million baht. The total income was 1,067.12 million baht, financial cost was 263.90 million baht, the selling and

increased by 74.2% YoY to THB 2,954mn o Advertising revenue increased by 28.9% YoY to THB 1,358mn o System integration services revenue increased by 148.5% YoY to THB 1,596mn  Ongoing revenue recognition

Page 1 of 8 Singha Estate Public Company Limited Management Discussion and Analysis 3Q2019 Executive Summary Singha Estate Public Company Limited (“the Company”) reported 9M19 total revenue of THB

estate businesses. 2. Operating Results (Company and Subsidiaries) Consolidated revenue for Q3/2018 of 248.6 million baht compared with Q3/2017 of 95.0 million baht, increased 153.6 million baht or 161.7

Subsidiaries Financial Statement as of December 31, 2018 MDX Public Company Limited (“MDX”) would like to explain major factors that affect Y2018 consolidated operating results as follows: ▪ MDX has THB 137.76

order to maximize benefit for the Company, the Management decided to manage liquidity by invested in short-term promissory notes of Asia Capital Group Public Company Limited in the amount of THB 100

Baht. The detail of the acquisition of share is as following; Target Name : Phoenix Insurance (Thailand) Public Company Limited Type of Business : Non-Life Insurance in Thailand Registered Capital