, townhouses and condominiums, valued at THB 44,891m. In 9M19, Revenue from sales of house and condominium units reached THB 5,332m, grew by 298% YoY. Such revenue stood at THB 2,370m in 3Q19 or 275% increase
% -108% 422 6% 333 3% -21% 4Q18 4Q19 % Y-o-Y 2018 2019 % Y-o-Y Page 3 of 7 Singha Estate Public Company Limited Management Discussion and Analysis 2019 condominium units reached THB 7,385m, grew by 104
welfare, Tax deduction for domestic tour package and shopping. As of November 30, 2017, the Company’s total cards reached 8.06 million cards (including 2.48 million credit cards and 5.58 million member
, revenues reached Bt2,564mn, grew by 80% YoY and 141% QoQ, with an improvement in net earnings from net losses in 4Q16 and 3Q17 to a net profit of Bt654mn in this quarter, mainly from the recognition of the
Advertising revenue increased by 68.9% YoY to THB 415mn o System integration services revenue increased by 38.7% YoY to THB 333mn Media operation in Malaysia reached its break-even of net profit for the first
Page 1 of 7 Management Discussion and Analysis 2018 Executive Summary The operating result of 2018, Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reached total revenue of
house and condominium units reached THB 1,698m, grew by THB 1,307m or 334% YoY. The increase generally stemmed from transfer ownership of condominium unit of the Esse Asoke and Banyan Tree Residences
has developed 23 residential projects for sales including single-detached houses, townhouses and condominiums, valued at THB 46,099m. In 2Q19, Revenue from sales of house and condominium units reached
utilized or have not reached the optimal level yet. Therefore, cost per unit was higher at this point, which might continue to impact the Company’s operating performance in the short term, or for the next 2
reached the invoice. As the result, cash and cash equivalents decreased. Unbilled Receivables increased by 322.9 MB or 74.4%, due to the large project that had been implemented and recognized the revenue by