% Change Cash and cash equivalents 82 103 (20%) Account receivables 817 700 16.6% Inventories 632 885 (29%) Other current assets 156 175 (11%) Total current assets 1,687 1,864 (9%) Property, plant and

increased and the Company is able to maintain its gross margin in the similar range as last year. 2 Financial Status 2.1 Assets At the end of 2016 and of Q2/2017, the Company possesses total assets of 480.00

assets of Baht 4,489 million, a decrease of 5% from Baht 4,705 million as of 31 December 2018. The main factor was the decrease in inventories. Liabilities As at 30 June 2019, the Company and its

period ended 31 March 2018, and the information memorandum regarding an acquisition of assets, disclosed on 27 February 2018.) Performance Summary Total Revenues In 1Q18, Singha Estate reported

the price of raw material which was the main cost of sales of the Group. Selling Expenses Selling expenses mainly consist of salary for the café’s staff, space and equipment rental expenses at each

especially the reduction in the price of raw material which is the main cost of sales of the Group. We also adjusted selling price since May this year, which causes gross profit margin to increase

which was the main cost of sales of the Group. The Group had also adjusted selling price since May this year. In addition, some new menus launched this year contributed higher gross profit margin than the

Baht 140 million year-on-year, from Baht 691 million. The main reason is due to the Company cease recognizing interest income on loan to SGAH for Q2 2019 (3 Months) and lower shared of profit from

by 2.89 million baht or 20.96% of net profit from same period of 2017. The main reason was from an increase in revenue from sales that was changed accordingly in the same direction of the expansion of

Enclosure: 1. Information Memorandum Re: Acquisition of Assets of T.K.S. Technologies Public Company Limited (Schedule 1) (Second Amendment) 2. Information Memorandum Re: the Allocation of the Newly-Issued