projects that are ready to be handed over in Q1/2020 There are 2 projects of the Company and subsidiary company completed in Q1/2020 with the combined value of 1.86 billion THB, namely, 1) Residential

agreements of Riau Combined-Cycle Power Plant Project in the Republic of Indonesia On March 20, 2019, PT Medco Ratch Power Riau, an indirect joint venture that the Company held a 49 percent stake through RH

Consolidated Interim Financial Statements the three-month and the nine-month period ended 30 September 2018, which have been reviewed by the Company’s authorized auditor. The company would like to clarify the

months of 2021, the Company aims to generate the sales volume of 8 billion THB and launch 9 new projects with the combined value of 8.5 billion THB i.e. 3 residential condominium projects and 6 single

of total assets in the consolidated financial statement ended March 31, 2019, the size of which falls in between 15–50 percent, and shall be determined as a Class 2 transaction under the Acquisition or

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

Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page 2 of 8 Discussion of results of operations Consolidated financial statements 9 Months 2018 9 Months 2019 % Change

(Phase 2) The combined value of all new projects launched was 3.2 billion THB. As of 31 December 2019, the sales volume and backlog of the Company and subsidiary companies were as follows: Unit: Million

analysis of consolidated financial position as at 30 June 2017 ..................................................................... 3 The analysis of operating result for six months

Build Own and Transfer (BOT). At the present, construction is under permission. The process of requesting approval for the part of construction modification has value of receivables under the concession