Deputy Secretary-General Paralee Sukonthaman said that Chiang Mai has the potential for investment and fund-raising as it has GDP of 230 billion Thai baht in 2018, meanwhile in 2019, the value of the

31 March 2020, the Company has a net profit of THB 30 million or THB 37 million lower than the same period of the year 2019 (2019 Frist Quarter net profit was THB 67 million). The decrease was due to

months of 2021, the Company aims to generate the sales volume of 8 billion THB and launch 9 new projects with the combined value of 8.5 billion THB i.e. 3 residential condominium projects and 6 single

generated revenues from the sales and services in the amount of THB 1,464 million, decreased from the same period of the previous year in the amount of THB 278 million or decreased by 15.9 percent due to the

Company has a net profit of THB 66 million or THB 96 million lower than the same period of the year 2018 (2018 Frist Quarter net profit was THB 162 million), equaling to a decrease of 59 percent. The

Page 1 of 7 Management Discussion and Analysis 2Q2019 Executive Summary Singha Estate Public Company Limited (“the Company”) reported 2Q19 total revenue of THB 2,355m, increased by 147% YoY. 300

sector leading to many new orders awarded to the Company in the year 2017 and resulting in a favorable business performance accordingly. The Company reports the total revenue of 377.49 million THB in 2017

favorable business performance. The Company reports the total revenue of 600.91 million THB in 2017, increased by 262.06 or 77.34% compared to the same period of 2016. With regards to cost of sales and

at THB 710 million, +7.5% YoY, with net profit* margin of 11.3%, +20 bps YoY. 1H’19 Net profit* was at THB 1,599 million, +10.7% YoY, with 1H’19 net profit* margin of 12.6%, +60 bps YoY. Excluding the

project worth approximately THB 150 million. This project integrates several Smart Energy technology including blockchain-based smart grid for management of solar power generation, Artificial Intelligence