24.41%, due to the following reasons as follows; 1. Total income of the Company increases 71.16 million baht or 74.24% compare with the same period of prior year mainly due to: 1.1) Revenue from selling

) (2.97) (7.86) (2.84 4.66 (37.22) Total sales 418.00 99.35 266.26 96.02 (151.74) (36.30) Other income/1 2.73 0.65 11.05 3.98 8.32 304.76 Total revenue 420.73 100.00 277.31 100.00 (143.42) (34.09) Notes: /1

266.27 96.02 171.73 91.32 (94.54) (35.51) Other income/1 11.05 3.98 16.32 8.68 5.27 47.69 Total revenue 277.32 100.00 188.05 100.00 (89.27) (32.19) Notes: /1 Other income comprises mainly of interest

94.77 182.18 91.48 (177.04) (49.28) Other income/1 19.78 5.23 16.95 8.52 (2.83) (14.31) Total revenue 379.00 100.00 199.13 100.00 (179.87) (47.46) Notes: /1 Other income comprises mainly of interest

) (5.74) (4.54) 70.17 Total sales 249.78 95.70 172.91 90.16 (76.87) (30.78) Other income/1 11.21 4.30 18.88 9.84 7.67 68.42 Total revenue 260.99 100.00 191.79 100.00 (69.20) (26.51) Notes: /1 Other income

/ operating revenue 3 Net Profit (Annualised) / Average Total Shareholders’ equity (average of outstanding at end of the same period in the previous year and at end of this quarter) 4 Earnings before interest

Baht 42.92 million:- 1. Total revenue was Baht 30.33 million, an increase by Baht 49.55 million or 258% mainly from:  Return on financial instruments increased by Baht 55.64 million mainly from gain on

Analysis for the period 3 months March 31, 2018 as follows:- (Million Baht) Consolidation Financial Statement The Company Q1/2018 Q1/2017 Different Q1/2018 Q1/2017 Different Sales and service income 1,046.66

Page 1 of 6 Performance Overview In 3Q17 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a total revenue growth of 82% YoY, mainly from higher contribution from

flights that serviced by BAFS only at BKK and DMK Total revenue of 2017 of the Group was Bt3,640.2 million decreased by Bt71.3 million or 1.9% compared with Bt3,711.5 million of 2016. While the services