and environment – under good corporate governance, appropriate risk management and effective cost management. Prioritizing the development of technological solutions with the aim of becoming “Customers

efficiency, and maximized resource utilization. We remain committed to efficient operating cost and asset quality management, along with better information and IT systems as well as human resource management

quarter of 2018. 2) Service & Administrative expenses was Bt66. 1 4 mn, represented 7.9% of total revenues from core business, which decreased from last period represented 8.4%, due to effective cost

cost over the long term, which will in turn help reduce costs within the economic system.. Within this context, KBank and K Companies accentuate enhancement of our business capabilities to achieve

security patients which generated high margin and effect of increase of social security payment rate in 1H’18. Moreover, the efficient cost management such as medicine & medical supplies as well as the

entering the Company’s properties. Page 5 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Additionally, the Company puts an emphasize on efficient cost management to

and the Company can manage repairing cost and other costs more efficiently. 2) Sales profit in 1Q19 was Bt0.02mn, decreasing 95.4% YoY and 92.3% QoQ, due to in 2018 the Company emphasize on efficient

% compared to Bt542.89mn in the previous year, in 4Q18 was Bt141.64mn a decrease of 16.8% YoY due to the Company adding new services and more effective cost management control. 4 Forth Smart Service Public

rates. Income Tax was at Bt1,597mn, increased 3.5%YoY while decreased -8.6% QoQ aligned with profit before financial cost. The effective tax rate was 19.1%. Profit EBITDA in 1Q23 was at Bt22,636mn

on effective, timely and predictive integrated risk management (IRM), improved customer service, internal operation efficiency, and maximized resource utilization. We remain committed to efficient