rate at the end of the period. 7. Losses from foreign exchange in the amount of THB 39 million, due to the Thai Baht depreciating which led to losses on loans and foreign currency trade payables, however

conjunction with the consolidated financial statements and notes to financial statements. If not defined otherwise, all financial information presented in this document are in Thai Baht. The company presented

Page 1 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Executive Summary Bank of Thailand, in late March 2020, slashed its forecast for Thai economy from the

, leading to gross profit increment even with average selling price of ethanol declining from the high domestic ethanol stock. However, when compared to the previous quarter ethanol production and sales

of 5 and 7 years fixed coupon rate. This green and climate bond complies with high international standard which are the International Capital Markets Association's Green Bond Principles and the

eased phase by phase thanks to significant improvement in controlling the spread of COVID-19 in Thailand. A number of recovery plans were introduced to the market by Thai government; however, Thai economy

EXPO”, the largest gaming gear and gaming event in Thailand and “Idol EXPO” the most event that gathered famous Thai idol. The Company was overwhelmingly supported by all brand partners who attended the

. Liquidity The group has THB 9.7 billion in cash and financial investments with no interest bearing debt. Liquidity ratios are high at over 3 times current liabilities. Operating Cashflow (EBITDA) was 7

Translation (Unofficial Translation) PAGE (Unofficial Translation) Page 4 of 4 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly

Translation (Unofficial Translation) Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC, Thailand cannot