of December 31, 2017 Financial Statement Consolidate financial statement % revenue from sales 2017 2016 increase(decrease) 2017 2016 Revenues from sales 295.89 708.62 (412.73 ) (58.24%) 100.00% 100.00

months, end of December 31, 2017 Financial Statement Consolidate financial statement % revenue from sales 2017 2016 increase(decrease) 2017 2016 Revenues from sales 295.89 708.62 (412.73 ) (58.24%) 100.00

Company served as major shareholders, directors, management, or controlling persons) Trade receivables - 54,681,983 Revenue from sales of goods - 62,229,641 Page 21 of 25 Individual / Juristic Person Who

period of the previous year, the Company gained revenue from sales at Baht 142.50 million which had decreased comparing to the same period of the previous year at Baht 5.58 million. The cost of sales

Plants (CUP 1-3) and IRPC Clean Power (IRPC-CP) declined. Additionally, there was a decrease in revenue from Availability Payment (AP) of Sriracha Power Plant due to a lower Weight factor during the rainy

Drinks 2/ Drinking Water, 3-in-1 Coffee and RTD Coffee Revenue from domestic sales amounted to THB 1,918 million, up by THB 371 million or 24.0% driven by two individual product groups: (i) revenue from

amounted to THB 1,918 million, up by THB 371 million or 24.0% driven by two individual product groups: (i) revenue from sales of branded products by 3rd party manufacture increased by THB 197 million thanks

, 3-in-1 Coffee and RTD Coffee Revenue from domestic sales amounted to THB 2,057 million, up by THB 207 million or 11.2% driven by two individual product groups: (i) revenue from sales of branded

Public Company Limited (“the Company”) reported 1Q2020 total revenue of THB 2,186m, decreased by 27% YoY. The major driver of such decline was 56% drop in revenue from sales of house and condominium due to

Page 1 of 7 Management Discussion and Analysis 2018 Executive Summary The operating result of 2018, Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reached total revenue of