category of derivatives broker; “Affiliated companies” means the followings companies: (1) Any company who holds shares of management company or employer, as the case may be, from ten percents of total

percents of total shares sold of management company or employer or; (Translation) - 3 - (2) Any company which management company or employer, as the case maybe, holds shares from ten percents of total shares

; “Affiliated companies” means the followings companies: (1) Any company who holds shares of management company or employer, as the case may be, from ten percents of total shares sold of management company or

) Total comprehensive income 17.49 8.64 8.85 Consolidated financial information P a g e 7 | 7 Comparing the operating results of 3 present months (Q3/2017) and 3 previous months (Q2/2017) , Operating income

Page 1 of 7 Management Decision and Analysis Q3’18 Executive Summary The operating result of the third quarter of 2018 (Q3’18), Singha Estate Public Company Limited (“the Company” or “Singha Estate

Thailand Overview of the operating result for the second quarter of 2019 ▪ The company’s total net income was Baht 192.49 million, representing an increase of 76.9% over the same period last year and revenue

ended June 30, 2018 as follows: Company’s Performance (unit: million Baht ) 2018 (6 Month) Percentage 2017 (6 Month) Percentage Total income and other income 7.40 100.00 47.97 100.00 Costs - - 18.79 39.17

9 months of the year 2018 ended September 30, 2018 as follows: Company’s Performance (unit: million Baht ) 2018 (9 Month) Percentage 2017 (9 Month) Percentage Total income and other income 11.41

of Thailand Overview of the operating result for the third quarter of 2019 ▪ The company’s total net income was Baht 133.97 million, representing an increase of 46.2% over the same period of last year

financial statements, use the net operating profits from consolidated financial statements (data should be extracted from the latest financial statements) N/A 3. Calculation based on total value of