subsidiaries (0.93) 2.83 (3.76) (132.84) 2 Profit attributable to equity holders of the Company for Q1 2018 was Baht 301.72 million, essentially unchanged from the same period of 2017 The Company and its

profit of 2Q19. However, net profit margin remained at 17% unchanged from previous year despite revenue decrease (given that 2Q19 not included non-recurring items). Most of cost and expenses were

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2019 Thai economic activity in the third quarter of 2019 continued to see limited support, after growing by 2.30 percent in the second quarter. The Thai economy did show some signs of strength in the third quarter, due mostly to the low base effect of the same period last year, especially in the tourism sector. However, exports and private investment – two major e...

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

second quarter of 2020, which grew by THB 50 million or was equivalent to a gross profit margin of 56% that was essentially unchanged from gross profit margin in the second quarter of 2019. 3

operations. 2. Gross profit was THB 87 million in the third quarter of 2020, which grew by THB 41 million or was equivalent to a gross profit margin of 50% that was essentially unchanged from gross profit

value is reduced in the same value making the net profit unchanged. Therefore, in order to comply with the Financial Reporting Standard No. 15 (TFRS 15), subject: The revenue from contracts made with

, unchanged from the end of prior year. Still, the ratio did not exceed 3.00 times, which is the covenant for bank loans and debentures. 3 Income Statement For the three-month ended March 31 Change Unit

, an increase of Baht 3,076.25 Million from the end of 2018. Net-Debt-to-Equity ratio according to the Company’s consolidated financial statement as of June 30, 2019 was 1.07 times, unchanged from the

remained unchanged at 7.88% in 6M 2018, compared to 7.89% in 6M 2017. 2 Other income The Company and its subsidiaries had other income of Baht 782.60 million, increased by Baht 41.25 million or 5.56 % from