Quarter Ended on September 30, 2017 7 Financial Position As at September 30, 2017, the Company and its subsidiaries had total assets amounted to Baht 100,531 Million, representing an increase by Baht 17,745

. FINANCIAL POSITION The Consolidated Balance Sheet as of 30 September 2017 is summarized as follows. Assets As at 30 September 2017, the Company’s total Assets amounted to Baht 20,831.9 million, increased by

paid rent r's Equity -term loans urrent nt portion 017 increase fro siness perfo nses es in sales aht, which w same period the numbe s of each bu cial Position As of 30 MB 27 23 1,33 22 59 2,51 48 5,95

Statement Cash Flows Statement Accounting Financial Ratios Business Performance Executive Summary Statement of Income 19 of Financial Position Environment Management 3 3 | Management Discussion and Analysis

of Financial Position Assets As at 30 September 2017 and 31 December 2016, the Group had total assets of THB 982.98 million and THB 981.93 million respectively which mainly consisted of cash and cash

and 59% YoY, mainly from the convertible bonds issued in July 2017. Financial costs for 9M17 were relatively unchanged compared to that of 9M16. Financial Position As at 30 September 2017, Singha Estate

Million Baht or 47% of total revenues as the majority of the loss of 875 Million Baht from foods and beverages sector. Statement of Financial Position Assets As at 30 September 2017, the total assets were

is based on the consolidated financial statements of the Company and TSE, comprising statements of financial position as at 30 September 2017 and statements of comprehensive income for the year ended

Results In Q3 2017, the Company had net loss of 962 Million Baht or 45% of total revenues as the majority of the loss of 875 Million Baht from foods and beverages sector. Statement of Financial Position

Q4-2016 decreased. Financial Analysis of the Company As at December 31, 2017, the Company financial position change from that of December 31, 2016, is presented and explained the changes in the below