% Administrative expenses (6.43) (9.68) (3.25) 50.58% (19.23) (30.12) (10.89) 56.66% Share of gain of investments in associate 0.03 0.03 0.00 9.21% 0.06 0.10 0.04 73.41% Finance costs (0.07) (0.09) (0.02) 26.99
2016 to record at Baht 1,936.1 million with foreign exchange gain of Baht 574.3 million 2 - GHECO-One, our largest power investment generated Baht 1,406.6 million share of profit to WHAUP and achieved
creating differentiation through personalized products and services and enhancing retention program as well as digitalizing channels and operational processes to gain fair market share and expand our scale
business operation and FX impacts, which was almost all unrealized gain/loss. In addition, the Company’s Normalized Total Revenue and Share of Profit and Normalized Net Profit stood at THB 1,885.0 mm and THB
as expected. Nevertheless, performance of the ESSE Sukhumvit 36 was reported under equity method of accounting included in share of gain/loss from investment in joint ventures. Page 3 of 9 Singha
, a 11.4% increase YoY as planned reflected stable growth in volume Share of Profit (Power Business) increased 162.9% YoY from 1Q2017 to record at Baht 659.2 million with foreign exchange gain of Baht
, primarily due to gain from fair value adjustment of investment property at THB 794m realized in 2Q18. The Company made the first dividend payment which was made from 2018 Net profit at THB 0.04 per share on
equity method of accounting for Jupiter hotels totaling of 29 hotels with 3,115 keys; consequently, performance of Jupiter hotels will be reported under share of gain/loss from investment in joint ventures
reported under share of gain/loss from investment in joint ventures. Page 4 of 8 Singha Estate Public Company Limited Management Discussion and Analysis 3Q2019 9M19 operating performance of Hospitality
) in UK was recognized under Equity Method and separately presented under share of gain (loss) from investment in joint venture. Hotel business recorded a revenue growth of 14% YoY in 4Q17 and 11% YoY in