1/4 August 13, 2020 Re: Clarification of the operating results of company and its subsidiaries for the six months period end June 30, 2020 To: President The Stock Exchange of Thailand K.C. Property

May 14, 2020 Re: Clarification of the operating results of company and its subsidiaries for the three months period end March 31, 2020 To: President The Stock Exchange of Thailand K.C. Property

(Translation) 1/4 November 16, 2020 Re: Clarification of the operating results of company and its subsidiaries for the nine months period end September 30, 2020 To: President The Stock Exchange of

accumulated outstanding account payables and other account payables and upon capital increase at the end of 2017, some amount shall be repaid to those outstanding account payables. The debt to equity ratio in

and increase FN brand equity in a long run. For the proportion of other income to total revenue, the Company was able to maintain proportionate compared to previous period. The Company targets to expand

MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2018 SG&A expense against only 1.5mTHB consolidated EBITDA contribution, since the acquisition was completed only at the very end of the quarter

shareholders’ equity amounted to Baht 36,484 Million, representing a decrease from the previous year by Baht 2,339 Million or 6 percent when compared to the end of the year 2019 resulted from loss on fair value

increasing in production capacity. 3. Selling expenses For the year end of 2019, the selling expenses was 13.28 million baht or 3.27% from sale revenue compare to 11.38 million baht with is higher in the same

510 - 940 Million through the concession agreement period. Overview Operational Results In the first quarter of the year 2018, the Company had the net profit attributable to equity holders of the

. Likewise, total equity stood at Bt.19,015mn, relatively unchanged from that as at the end of 2017. Capital Structure Net interest-bearing debt to equity stood at 0.61x At the initial stage of Singha Estate