most recent accounting year and six-month period or the most recent quarterly financial statements prior to filing the application shall have the following criteria: (a) the financial statements shall be

foreign laws and regulations that such entity registered; (3) the financial statements of the foreign entity and its consolidated financial statements for the most recent accounting year and the financial

outbreak. In 1Q20, overall economy was largely affected by the coronavirus disease (COVID- 19) outbreak globally, including the Thai economy, resulting a deep economic deceleration throughout the year. Thai

of last year. The Company and its affiliated hospitals have collaborated with the government healthcare measures in providing COVID-19 screening, quarantine, and treatment services resulted to the

Page 1 of 9 Singha Estate Public Company Limited Management Discussion and Analysis 2Q20 Executive Summary Since May 2020, restriction has gradually been lifted and lockdown measure started to be

law governing such Thai government agencies; (2) the financial statements and the consolidated financial statements of the Thai government agencies for the most recent year and the financial statements

baht or 4% from 74,270 million baht at the end of fiscal year 2019. There were both short-term and long-term borrowings totally 64,574 million baht, decreasing by 7% from the end of last year. The

million Baht in the year of 2018 to 505.07 million Baht for the year of 2019, representing for 58.00 percent, due to recognize revenue according to the success of the project, new law changed of the long

loss from exchange rate that occurred in 1st quarter of last year. Financial cost of 1st quarter on year 2018 decreased 99.13 percent from the same period last year, due to the repayment of long term

Million or 48.68 percent compared to year 2015, due to the Company and its subsidiaries had debenture stock and bill of exchange, short-term loan and long-term loan borrowing from financial institutions