Page 1 of 5 Performance Overview In 1Q18 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a 7% YoY decrease in total revenues, mainly from a drop of revenues from

2018, the Company generated revenues from the food and bakery wholesales in the amount of THB 773 Million which increased by 11 Million or equivalent to 1.5 percent from 2017 mainly contribution from OEM

second quarter of the previous year, mainly due to a decrease in activity by local retail investors. 1.2 Fee and Service income The Company’s fee and service income in the second quarter of 2019 was Baht

million or 12% increase compared to the same period of 2019. This was due to an increase in revenue from housing projects by Baht 487 million or 32%, mainly from an increase in transfer of single detached

5.59 million, increased by THB 2.29 million or +69.39% YoY mainly due to the activities to promote the Company’s information during Initial Public Offering (IPO) period in May 2021. Administrative

which were fixed costs. Other income In 2022, other income was THB 2.90 million, increase by THB 2.21 million or + 320.40% YoY, mainly due to the increase in interest income. In addition, in 2022, the

year increased by Baht 622 million as compared to last year and this was mainly due to the following:  The overall revenue from hotel operations which comprise of hotel, golf and retail operations

The Company’s fee and service income in 2018 was Baht 687 million, an increase of 2% from the previous year, mainly from an increase in front-end fee income and private fund management fees for funds

quarter of last year. For the first half of year 2017, the sales revenues were Bt. 49,848.53 million which decreased by 2.98% compared to the first half of year 2016. The decreased sales revenue was mainly

baht, declining 16 million baht or 9%, comparing to same quarter of last year. Mainly were results of o Rice price gradually increase in ending Q2/2017, therefore, COGs per revenue slightly increase 1