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

. 4 Administrative expenses In 2017, the Group has the administrative expense of Baht 951 million, which is increased by Baht 177 million or 23% compared to those of prior year. It results from the

%. An increasing was mainly from administrative expenses which results from bad debt allowance in lending business and personal expense increase from business expansion. Operating profit in 2017 was 1,109

can be no assurance that the Fund will achieve its investment objective. Fund Basics Total Fund Assets (in millions) $271.46 Management Fee 0.95% Estimated Total Expense Ratio 1.13%1 Minimum Investment

ความเพียงพอ ของเงินกองทุน ดงัต่อไปน้ี หมายเหตุ : * EB คือ เงินกองทุนท่ีอา้งอิงค่าใชจ่้ายท่ีเก่ียวขอ้งกบัการประกอบธุรกิจ (expense-based) ** RB คือ เงินกองทุนท่ีอา้งอิงกบัรายไดท่ี้เก่ียวขอ้งกบัการประกอบ

equipment expenses by 47% y-y, personal expenses by 17% y-y and marketing expense by 2% y-y. The Company’s efficient control of operating expenses was down from 42% of total revenues to 37% in the first

the actual charge will be subject to the employee’s headcount and actual expense. 7.1.3 Consultant Service transaction 1. Contract Date: January 1, 2019 - December 31, 2019 2. Partners of Contract

decreased significantly in comparison to the previous year as a result of decrease in number of management and administrative staffs as well as a decrease in marketing expense. Asset impairment and loss from

, The Company had total expenses of 3,674 million Baht (42% of total revenues) a decrease of 2,194 million Baht or 37% as compared to 2017. This comprises of selling expense of 2,146 million Baht, a

) (2,372,683) 85% (571,854) (1,229,823) 54% Income tax income (expense) 13,925 8,634 61% (49,235) (31,389) 57% Loss for the year - continued operations (342,015) (2,364,049) 86% (621,089) (1,261,212) 51% Loss