Page 1 of 7 Management Discussion and Analysis 1Q2019 Executive Summary Singha Estate Public Company Limited (“the Company”) reported 1Q19 Total revenue of THB 3,000m, increased by 167% YoY. The
Page 1 of 7 Management Discussion and Analysis 2Q2019 Executive Summary Singha Estate Public Company Limited (“the Company”) reported 2Q19 total revenue of THB 2,355m, increased by 147% YoY. 300
% 45.9% 49.5% 53.2% GPM before adjustment with PPA/1 82.3% 51.5% 57.3% 54.8% /1 Excluding accounting impact of Purchase Price Allocation (PPA) Income from sales of real estate during 3 months ended the
estate development in Malaysia, have jointly developed Central i-City, through 60% and 40% investment proportions respectively. Located in a high potential area, Central i-City is part of the i-City
% compared to 2016. Mana Patanakarn Company Limited, the real estate development company, has completed the construction of condominium “Aspen Condo” phase A and was able to transfer the right of ownership to
: Acquisition of a formerly managed hotel. VHE Bratislava Real Estate s.r.o., a wholly owned subsidiary of Vienna House, entered into a Real Estate Purchase Agreement with Hotel AVION s.r.o. (a non-related party
had less total assets than corresponding period last year at amount Baht 53.79 million or 4.59% which consisting of Costs of real estate development projects for sale, deposit for land held for
has invested in the real estate business in August 2019, which is the beginning period of the business operations, resulting in operating losses. The company expects to recognising revenues and costs in
.,Ltd. of Baht 471 million • Cash outflow for investment in associates of Baht 646 million, the majority is Dusit Thani Freehold and Leasehold Real Estate Investment Trust. • Cash outflow for purchases of
.,Ltd. of Baht 471 million Cash outflow for investment in associates of Baht 646 million, the majority is Dusit Thani Freehold and Leasehold Real Estate Investment Trust. Cash outflow for purchases of