Purple Line and costs of farebox related to the increase in ridership which is in line with revenue growth. 3. Commercial Development Business In the third quarter of the year 2017, total commercial
riderships which is in line with revenue growth. 3. Commercial Development Business In the year 2017, total commercial development revenue was Baht 675 Million, representing an increase from the previous year
Page 1 of 6 Performance Overview In 3Q17 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a total revenue growth of 82% YoY, mainly from higher contribution from
2015, whereby Singha Estate invested in Nirvana, a mid-sized housing development company with significant long-term growth potentials. Overcoming challenges, Nirvana underwent a reverse acquisition in
development and sustainable growth in the future. While its business partners and business alliance members might be parties with possible conflict of interests, nevertheless, The Board of Directors might find
investment in property development company which has potential growth. In addition, the transaction has reasonable conditions of Leyland’s shares acquisition and the purchase price is below the appraisal price
development in the continued growth of the Company. As a result, the Company has total 24 codeshare airline partners. 4. The Company has announced a new collaboration effort with Expedia group, the world’s
, US Dollar start to get stronger in the long term (Source: The bank of Thailand). The overall global aviation industry in the first quarter of 2018, a growth in passenger traffic was supported by 7.2
, Vietnam and Indonesia, to accommodate its sustainable growth aspiration. Retail Property Development Domestic Expansion CPN have announced the plan to launch 2 new malls to open in 2019 and early 2020