rates during 1Q20. Interest expense totaled Baht 1,301 million, a decline of 6.1% yoy, with cost of funds declining to 2.0% for 1Q20 comparing to 2.3% for 1Q19 from effective cost management in line with

residential projects, write-off/impairment of asset, one-time income/expense, etc. Total Revenues In 4Q17, Singha Estate reported consolidated total revenues of Bt2,564mn, representing a growth of 80% YoY and

in revenues from the acquisition of the Outrigger Hotel in June 12, 2018. The Cost of services for the Outrigger Hotel consists of costs relating to hotel rooms, food and beverage costs and

, effective cost management and development of the quality of products and services. In order to achieve such goals, the Company starts the process of reorganization in 2021 to transform from being a functional

the year 2019 in an amounting of Baht (3.87) million or (10.39) percent. Mainly came from growth of revenue in last year while fixed cost still constant. 3.3 Administration expenses The Group's

on investment in loans 80 79 1 1.0 Others 5 1 4 517.7 Interest expenses totaled Baht 1,143 million, an increase of 9.4% yoy mainly from the increase in interest expense on deposits which increased by

effort on cost management. For the three month period ended Consolidated Change Mar 31, 2018 Mar 31, 2017 Baht million % Interest expense 1,143 1,045 99 9.4 Interest on deposits 578 531 47 8.9 Interest on

, interest income from POCI also increased during 1Q21 yoy from the progress in resolving POCI loans. Interest expense totaled Baht 985 million, a decline of 24.3% yoy, with cost of funds declining further to

Position Unit : Baht 31 Dec 2017 31 Dec 2016 Short-term loans from related parties 30,700,000.00 7,734,844.92 Short-term loans from other persons - 9,608,040.00 Accrued income tax expense 1,726,919.66

loans of 13.2% from loan expansions. Interest on investment in loans also increased 350.8%. Interest expense totaled Baht 1,469 million, an increase of 13.9% yoy from the growth in deposit. Yield on loan