DCORP 070/2018 August 14, 2018 Subject: Report on the overall operation for first half of the year 2018 ended June 30, 2018 and the decrease in the overall operation more than 20 percent Attention
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entering the Company’s properties. Page 5 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Additionally, the Company puts an emphasize on efficient cost management to
the mutual fund invests will decrease relatively to the remaining period in which the mutual fund is entitled to receive benefits from said revenues. However, the amount of the decrease may vary each
3.4% from the first quarter of 2019, mainly due to the decrease in staff expenses which was resulted from effective cost management following the coronavirus outbreak (COVID-19) and the increased
new media businesses will decrease 5.7% (from 36.1% to 30.4%) if compared to the total revenue from sale of goods and rendering of services. For edutainment, the revenue will increase slightly from 6.6
be gained does not worth the cost to be incurred in complying with the said rules or conditions; (2) the management company is subject to restrictions under other laws incapacitating the management