Analysis (MD&A) for year 2017 14 Appendix Unit : Million Baht For the year 2017 For the year 2016 % Increase (Decrease) Income Revenue from sale of goods 15,178,062 11,669,472 30% Net foreign exchange gains

Company and subsidiary’s amounted to Baht 5,192 million, decreased by Baht 2,623 million or 34% YoY. Mainly came from the decrease of sale volume. The Company and subsidiary recorded a sales volume of 260

September 2017. Spain produced 1.3 million tons in September 2018, an increase of 5.1% on 2017. Turkey’s crude steel production for September 2018 was 2.8 million tons, a decrease of 5.9% compared to

million, a decrease of THB 266.8 million YoY (or -4.3%) due mainly to lower sales from Beverages segment (THB -276.8 million or -5.9% YoY) and lower OEM bottles sales (THB -72.5 million or –25.4% YoY

alcohols in 1Q2020 was at 329 USD/ ton, a decrease of 43% from 573 USD/ ton in 1Q2019 because Fatty alcohols supply in 1Q2019 was tight caused by the announcement of permanent shutdown of some synthetic

% vehicle registration loan) Causing Singer to earn higher interest income and there was a decrease in NPL due to adjusting the proportion of credit portfolio to have more quality. NPLs in the group of auto

repaid. (9) Statements of Comprehensive Income Profit for the year 2019 amounted to 34.8 million baht but when compared with last year’s profit, 119.4 million Baht, the total decrease is of 154.2 million

profit decreased by Baht 128 million mainly due to the decrease in steam sales volume of Rayong Central Utility Plants (CUP) and IRPC Clean Power (IRPC-CP) decreased, even though the electricity sales

9M19, 43% drop from 9M18 and THB 41m in 3Q19, 65% declined from 3Q18, due mainly to the decrease in revenue from business management service. Page 6 of 8 Singha Estate Public Company Limited Management

Analysis for the year 2019 4 Accounting Standard. Other income which consisted of dividend income, consequently increased in the year 2019, in accordance with a decrease in share of profit from investments