its subsidiaries as follows: Revenue from Sales and Services In 2019, the Company and its subsidiaries generated revenues of THB 7,312 million from the sales and services, which is decreased from the

Bangkok 31% and up-country 69%. Details of each business can be described as follows: - Credit Card In the first half year of 2017, credit cards turnover accounted 55% of total turnovers with revenue of

Selling expenses and administrative expenses to total revenue (%) 43.85% 41.89% 1.95 44.79% -0.94% 44.28% 40.10% 4.18 Net profit margin (%) 2.10% 1.48% 0.62 -0.71% 2.81% 0.79% 3.61% -2.82 1. Total Revenue

to Baht 1,677 million. The decline was mainly due to the decrease in revenue from EMS and Smart service businesses. The Group’s profit for the first quarter of 2020 amounted to Baht 81 million, which

associated company can decrease the cost from this investment. From this joint investment, Thippayabadin Company Limited can growth in revenue and profit. So, Ramkhamhaeng will receive benefit come back in

30.16 per cent, compared to the same quarter in 2019. The decline of revenue came from the impact of COVID-19 pandemic, in which the clients could not arrange the advertising and public relations events

Page 1 of 7 Management Discussion and Analysis 2018 Executive Summary The operating result of 2018, Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reached total revenue of

performance according to consolidated financial statement For the three-month period (April 1, 2019 – June 30, 2019) Unit : Million Baht 2019 2018 Revenue from sales and rendering of services (excluding fuel

Management business, the Bank sold non-performing assets (NPAs) totaling Baht 171 million and had gain of Baht 64 million. Financial Market business generated revenue of Baht 70 million during 1Q19. For

: (Unit: Thousand Baht) Revenue Gross profit Selling Admin Net profit Q2/18 221,202 78,238 21,637 19,916 35,335 Q2/19 229,355 83,001 22,124 18,495 28,250 Change 8,153 4,763 487 (1,421) (7,085) % Change 3.7