the key tool for this industry. According to performance loss and franchise model concept, it affects with significant drop of the business valuation of the subsidiary company. In 2017, the Company has

Page 1 of 5 Performance Overview In 1Q18 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a 7% YoY decrease in total revenues, mainly from a drop of revenues from

by 3.1 Million THB or 22.3% YoY since one of the company’s subsidiary has managed to lessened the loan principal with a bank. Net Profit/(Loss) for the year Net Loss of 278.9 Million THB, Loss

than existing products; and became more experienced with the production of high-end products, resulting in higher gross margin for Company. And the Company also better managed production costs from new

Proceeds: the issuer must demonstrate the tracking of the managed proceeds for the designated project and credit the proceeds into a sub-account, in clear separation from the issuer’s other accounts; 2.4

productivity and recognition of license fee for implementation jobs in HR solution. In financial solution, despite a lower revenue of THB 6.26 million, we have managed to keep costs in check and raised gross

2019, the project department has managed the project with more tightness and the cost control methods had been improved. The company has the cost of sales in the amount 2.73 million baht, compared to the

right of using the area unit in Siam Paragon amount to Baht 5.85 million. The financial structure of the Company was in the strength level and cash flow could be managed effectively, hence there was no

receivable, rental income and profit from income tax of the sale of assets. The financial structure of the Company was in the strength level and cash flow could be managed effectively, hence, there was no

amount to Baht 0.09 million. The Company’s financial structure was in the strength level and cash flow could be managed effectively, hence there was no interest paid from loan agreement but there was