. The Company is committed to the long ter m success of JASIF. Its commitment to lock- up 19 per cent of the total number of units of JASIF as provided at the IPO of JASIF remains unchanged. In

total number of units of JASIF as provided at the IPO of JASIF remains unchanged. In demonstrating our continued commitment, the Company has agreed to a further 90-day lock-up of the unit s of JASIF, to

profit of 2Q19. However, net profit margin remained at 17% unchanged from previous year despite revenue decrease (given that 2Q19 not included non-recurring items). Most of cost and expenses were

mentioned. Financial Position As at 31 March 2018, Singha Estate registered consolidated total assets of Bt.40,977mn with total liabilities of Bt.21,961mn, relatively unchanged from that as at the end of 2017

value is reduced in the same value making the net profit unchanged. Therefore, in order to comply with the Financial Reporting Standard No. 15 (TFRS 15), subject: The revenue from contracts made with

1,760 million Baht. However, the record of the OFC rental under the Rental Assurance Agreement (20% of the OFC) remains unchanged. 2/2 3. Net profit In the first quarter of the year 2020, the Company and

unchanged. Administrative Expenses The Company has the administrative expenses in the first quarter in the amount of 78.5 million Baht or equal to 7.1 percent of the revenue from sales. The ratio between

TSE remained unchanged where the Company used Equity Method. This was because the Company maintained significant influence over TSE as the Company had its representative as authorized director of TSE

unchanged. This makes the expense of the same. Please be acknowledged for your information Yours Sincerely (Mr.Wanthana Jaroennawarat) Director

unchanged from previous year despite the decrease of SW income . Non-SW income has more than offset the unfavorable SW income while cost has been under control. Page 3 of 4 Statement of Financial Position as