Cheesetart" only. Other food and beverage businesses than the above 2 brands, the seller agrees to transfer out before entering into a sales and purchase agreement. The investment is subject to the completion

in amount of THB 10.18 million or decreased THB 4.21 million or 29.26% because the reasons described above. Please be informed accordingly, Yours sincerely, -Ms. Thitapat Issarapornpat- (Ms. Thitapat

structure of the Company was in the strength level and cash flow could be managed effectively, hence, there was no interest paid. According to the above mentioned reasons, the Company’s profit before income

for three months of 2019 ended September 30, 2019 compared with the same period in 2018 which had total revenues 1,442.77 million baht and net profit 174.93 million baht. The above performance was from

Company Secretary Department Tel: +66 2050 5555 Ext. 512 Fax: +66 2617 6444-5 Email Company.Secretary@singhaestate.co.th 2. The above-mentioned asset acquisition is not classified as connected transaction

according to the regulation. Criteria for calculation of the transaction regarding acquisition and disposal of the assets According to the above calculations of the transaction regarding acquisition and

37.91 million to THB 19.38 million or decreased THB 18.53 million or 48.88% because of the same reason mentioned above. Expenses of the Selling and Management Expenses of the Selling and Management of the

ended March 31, 2020 compared with the same period in 2019 which had total revenues 1,455.24 million baht and net profit 151.14 million baht. The above performance was from these following reasons

decrease due to drop in sales revenue as provided in Section 1 above. Please be informed accordingly. Yours sincerely, Mr. Hamidi Bin Maulod Chief Executive Officer

restaurant’s operational expenses were lower due to outlet modification as mentioned above. Net Profit Although our business was impacted by COVID-19 pandemic, the company reported positive net profit at Baht