Company Limited (“The Company”) and its Subsidiary (“The Group”) would like to submit the operating results for the year ened 31 December 2017 with the following details as below : Overall Business The

residential business of Nirvana Daii Public Company Limited (“NVD”), a 52%-owned subsidiary of Singha Estate, invested in January 2017. Likewise, net profit jumped from increased revenues. Likewise, as for 4Q17

, net loss came from low sale volume which affected from the increasing of import volume from foreign country in May and June 2019. Business Outlook Post termination of Tolling Activities in January, 2019

the Company, the “Group”. Business categories by 12 mo. Ended 31 Dec. % Change 2018 2017 THB Mil % THB Mil. % Sales 1. Sales from dessert café Company 838.23 95.17 704.29 95.77 19.02 2. Catering/ OEM

1 Translation CEN 015-2019 November 14, 2019 Subject : Management Discussion and Analysis for business operation in Quarter 3-2019 To : The Manager and President The Stock Exchange of Thailand

740.3 MB which increased from December 31, 2019 by 9.9 MB as a result of the increase in cash and cash equivalents by 3.5 MB, the decrease of trade and other receivables by 8.7 MB, increase in inventory

the net trade debt repayment of USD 123,899,729, or equivalent to THB 4,275,683,281.33, under the debt to equity conversion scheme where the conversion price will be fixed at THB 0.1961 per share

Group”) for the net trade debt repayment of USD 123,899,729, or equivalent to THB 4,275,683,281.33, under the debt to equity conversion scheme where the conversion price will be fixed at THB 0.1961 per

based on common-size analysis to total revenue Overall business operation (12 months) For the year 2019, Seven Utilities and Power Public Company Limited and its subsidiaries recorded a net profit of Baht

, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 30 September 2019 31 December 2018 Increased (Decreased) Percentage Trade and other receivables 367.89 255.88 112.01 43.77% Unbilled