the income from sales and other 68% is from the liquidation of inventory. The gross profit has thus decreased 0.93% from the same quarter of the previous year. Statement of financial position as of 31

from 1Q2017. 2. FINANCIAL POSITION The Consolidated Balance Sheet as of 31 March 2018 is summarized as follows. Assets As at 31 March 2018, the Company’s total Assets amounted to Baht 21,995.0 million

Management Discussion and Analysis for the Quarter Ended on March 31, 2018 6 Financial Position As at March 31, 2018, the Company and its subsidiaries had total assets amounted to Baht 98,353 Million

mentioned. Financial Position As at 31 March 2018, Singha Estate registered consolidated total assets of Bt.40,977mn with total liabilities of Bt.21,961mn, relatively unchanged from that as at the end of 2017

ขนส่งลดลง อนัมีผลมาจากการลดลง ของยอดขายดงักล่าวขา้งตน้ Statements of Financial Position and หน่วย : ล้านบาท เปลีย่นแปลง ปี 2561 ปี 2560 (ร้ ยละ) ตามงบการเงิน (% ต่ ย ดขาย) ค่าใช้จ่ายบริหารรวม 256(12.4

equity at 4.90% lower than the year 2017 having the return on equity at 7.80%. Asset Management As of 31st December 2018, the Company’s financial position was analyzed from changes in the assets

would like to clarify the change in operating results the year ended December 31, 2018 with details as follows: Unit : million baht Statement of financial position For the year ended 31 December 2018

. This represents net profit margin of 27% Analysis of Financial Statement of Position As of 31 Dec 16 As of 31 Dec 17 Change MB % MB % MB % Cash and cash equivalents 513.4 9.8% 694.5 8.3% 181.1 35.3

management. Statement of Financial Position Assets As at December 31, 2019, the Company and its subsidiaries had the total assets of THB 4,412.31million, increased by THB 964.66 million or by 27.98% compared

Position Assets The Company’s total assets as of 31 December 2019 and 2018 totaled THB 1,158.6 MB and THB 1,195.3 MB respectively. As at 31 December 2019 the Company is current asset in which accounted for