strategy is the key tool for this industry. According to performance loss and franchise model concept, it affects with significant drop of the business valuation of the subsidiary company. In 2017, the

the key tool for this industry. According to performance loss and franchise model concept, it affects with significant drop of the business valuation of the subsidiary company. In 2017, the Company has

Page 1 of 5 Performance Overview In 1Q18 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a 7% YoY decrease in total revenues, mainly from a drop of revenues from

Q1 2017, of which 92% contributed from zinc trading business and 7% from renewable energy. The decrease mainly resulted from a drop in total sales volumes and the appreciation of Thai Baht against USD

related group (DRG) received in year 2013 and 2015 respectively, and the amount of Baht 8.46 million booked in year 2018 for chronic diseases were then subtracted accordingly. In addition, the drop of other

of margins calculation prescribed by the derivatives exchange; (2) call for its clients to deposit additional margins when their margins drop below the rate or value of the maintenance margins

exchange or the value calculated under the method of margins calculation prescribed by the derivatives exchange; (2) call for its clients to deposit additional margins when their margins drop below the rate

of six months ended 30 June 2018 and 2019 were THB 511.89 million and THB 266.61 million respectively or equivalent to gross profit margin of 69.78% and 69.35% respectively. The small drop in gross

Reported Total GP 22% 24% Company 25% 24% TBSP 17% - Company reported net profit amount of THB 71 million in 3Q18, decreased by THB 18 mil. or 20% drop y-y in 3Q18, primarily due to decremental in Share of

of 67.52% and 67.63% respectively. The small drop in gross profit of the Company was derived from the slowdown in sales revenue during the nine months of this year. In addition, gross profit margin