%. Another significant impact toward real estate business was the Bank of Thailand housing loan control measure (Loan-to-Value: LTV). The measure had direct effect on the consumers’ purchasing power. However
contracted. In 1Q2020, hospitality business of Singha Estate Public Company Limited (“the Company”) was also significantly impacted by COVID-19. Essentially, government announced the lockdown measure to
pros and cons and the costs of compliance 4. Seek approval for the measure from SEC Board/CMSB/SEC Office 5. Conduct public consultation on the measure: focus group meetings/public hearings This
20.79% from the same period of last year as a result of drop in gain from sales of investment and decreased interest income from Xayaburi Power Company Limited due to partial loan repayment and dropped
-interest income totaled Baht 1,785 million decreased by 13.2% yoy. The decline is mainly due to the lower gain on financial instruments measured at fair value through profit and loss comparing to the same
) Loans purchased of receivables 4,407 1,152 3,054 (30.7) 165.1 - Part of fully received 348 - 202 (42.0) N/A - Part of account receivable - - 1,238 N/A N/A - Gain on loans purchased of receivables 4,059
fully received 348 - 202 (42.0) N/A - Part of account receivable - - 1,238 N/A N/A - Gain on loans purchased of receivables 4,059 - 1,584 (61.0) N/A Installment sale receivables 19 21 22 15.8 4.8 Others 3
profit in 2Q20 totaled Bt129.7 million (excluding a gain on foreign currency exchange rate and an impairment loss), representing a decline of 62.6% Q-o-Q and 38.4% Y-o-Y. The substantial decrease in
properties in 2018 and 2019. According to accounting standard, the company obliges to measure investment property at fair value representing current rental income and remeasure once any events impacting
Page 1 of 9 Singha Estate Public Company Limited Management Discussion and Analysis 2Q20 Executive Summary Since May 2020, restriction has gradually been lifted and lockdown measure started to be