”) reported total revenues growth of 49.1% y- y 2018 or THB 678.5 mil., primarily due to business combination consolidated Thai British Security Printing Public Company Limited (“TBSP”) since April 4, 2018

East Coast Furnitech Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the separate and consolidated financial statements of the year ended December

Silom area and proximity. Asset-light model gearing towards hotel management business The International Monetary Fund (IMF) has revised 2018 global growth forecast upward to 3.9% from the former estimate

strength as well as effort to maintain monetary return in the eyes of shareholders. Page 3 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 The Company has adopted

, three projects are completed, namely, Lumpini Park Beach Cha-am 2, Lumpini Park Phetkasem 98 (C,D) and Lumpini Ville Ratburana-Riverview 2 with the combined value of 3,180 million THB. Moreover, Lumpini

premium housing project i.e. Baan 365 Rama 3 and 1 housing project of a subsidiary company i.e. Baan Lumpini Townpark Takham-Rama 2. The combined value of all newly launched projects -Translation- in 2018

, the Company aims to launch new projects worth 20,000 million THB i.e. residential condominiums valuing 12,000 million THB and single house project valuing 8,000 million THB. The combined sales volume

, namely, Baan 365 Rama 3 with the combined value of 3,600 million THB. During the first nine months of 2018, the Company achieved the sales volume of 14,400 million THB from residential condominium and

/2017 period, Total Consolidated Revenues of Baht 4,854.8 million, an increase of Baht 137.0 million (or 2.9%) YoY, comprising of Total Hotels Business Revenues of Baht 2,093.9 million and Total Food

May 15, 2019 Subject : Management Discussion and Analysis for quarter ended March 31, 2019 Attention : President The Stock Exchange of Thailand 1. Operating Performance 1.1 Revenues Consolidated