million, a decrease by Baht 1,893.35 million or 13.74% from the same period of the 2 prior year. Gross profit for the first half of 2019 was Baht 1,083.49 million, dropped by Baht 95.91 million or 8.13

countries, e.g., USA, Indonesia, and CLMV (Cambodia/Laos/Myanmar/Vietnam), etc. Gross Margin In the third quarter, the Company has gross profit of 341.7 million Baht or equal to 27.0 percent of revenue from

quarter, the Company has gross profit of 432.7 million Baht or equal to 30.5 percent of revenue from sales. The ratio between gross profits per the sales revenue is increased by 4.1 percent compared to the

/ Myanmar/ Vietnam), etc. Gross Margin In the second quarter, the Company has gross profit of 364.5 million Baht or equal to 28.0 percent of revenue from sales. The ratio between gross profits per the sales

profit of 301.9 million Baht or equal to 27.2 percent of revenue from sales. The ratio between gross profits per the sales revenue is increased by 0.5 percent compared to the same quarter of the previous

corporate income tax of THB 98.7 million or THB 79 million after tax. Without consideration of net profit from land sold, the normalized net profit of 1Q’19 would be THB 97.7 million comparing to THB 82.9

March 31, 2018 and March 31, 2017, the Company and its subsidiaries had a net profit of Baht 56.52 million or 17.17%. Universal Worldwide Transportation Limited holds 80% of the total number of ordinary

. When comparing between Q2/2018 and Q2/2017, the net profit increased by Baht 237 million or 29%. The increase in net profit is mainly due to the COD of both phases of IRPC-CP in November 2017, the

Page 1 of 5 Performance Overview In 1Q18 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a 7% YoY decrease in total revenues, mainly from a drop of revenues from

resulted in THB sales declining by 3% of total sales or roughly Bt446 million in 2017. Cost of Sales and Gross Profit In 2017, the cost of sales was an average 70% of sales, an increase from 65% in 2016