shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However, the information provided in this MD&A
ABBREVIATION & OUR PROJECTSEXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION NON-OPERATING ITEMS Other Revenues • Other revenues increased 118.2% y-on-y (Baht 22
progress reached 91%. The project is due to complete in 3Q19. • In February, the Company partnered-up with HKL (Thai Developments) Limited, a subsidiary of a global developer Hongkong Land Holdings Limited
operating performance that leads to value-added contribution to the shareholders. Such investment, when calculated transaction size with other transactions concerning acquisition and disposal of Asset during
venturer in Shahahydro joint venture with the 100.00% shareholding. During the 3rd quarter, the construction of the project has been already implemented with the work progress equivalent to 8.28%. 3. SUT
3344 Fax. 66 2 654 3323 No. PACE IR2018/018 Date: 14 November 2018 Subject: Explanation of the Operating Results for the third quarter of the year 2018 ended 30 September 2018 changing over 20% To: The
Page 1 of 7 Management Decision and Analysis Q3’18 Executive Summary The operating result of the third quarter of 2018 (Q3’18), Singha Estate Public Company Limited (“the Company” or “Singha Estate
) Finance costs 52 55 (4) -6% Income tax expense 8 4 4 98% Profit for the quarter 32 (72) 104 1.7% (4.3%) Consolidated financial information (Unit : Million Baht) 2 / 4 Operating results by business for the
version shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However, the information provided in this