% Earnings before interest and taxes 19.6% 23.7% Earnings before taxes 10.6% 20.0% Net Profit Margin 7.4% 16.4% (million) 2018 2017 increase (decrease) 1.2 Report and analysis of financial positions million
and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 Successful commercial
approved the Company’s Interim Financial Information ending March 31, 2018. The Company would like to clarify the three-month period ended March 31, 2018 earnings results, as follows. Statement of
February 2018 approved the Company’s Financial Statements ending 31 December 2017. The Company would like to clarify the year ended 31 December 2017 earnings results, as follows. Statement of comprehensive
approved the Company’s Interim Financial Information ending June 30, 2018. The Company would like to clarify the six-month period ended June 30, 2018 earnings results, as follows. Statement of comprehensive
Discussion and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 MOU signing with
residential business of Nirvana Daii Public Company Limited (“NVD”), a 52%-owned subsidiary of Singha Estate, invested in January 2017. In spite of higher revenues, earnings before taxes (“EBT”) declined by 589
capex and investments in progress that are not generating revenue and earnings as on date given Figure 7: Repayment Schedule of Long Term Debt 1 Includes various projects underway which are not yet
Servicing Coverage Ratio (DSCR) times 3.8 2.9 Interest coverage ratio (times) 10.2 6.7 Note (1) Net debt after debt for Capex and investments in progress that are not generating revenue and earnings as on
tax (13.42) (17.15) (3.73) (21.7) Net profit 34.37 65.76 (31.39) (47.7) Gross Profit Margin 47.8% 49.7% Earnings before interest and taxes 18.1% 20.2% Earnings before taxes 10.4% 16.1% Net Profit Margin