), trademark (THB 342 million), building and improvement (THB 54 million) and leasehold improvement (THB 23 million) The consolidated loss of YE 2018 is THB 345 million, increasing by 86% from last year (YE 2017

.............................................................................................................................................................. 15 3.3. Pathway 2: Relative Performance Improvement ................................................................................................................................................. 16

subsidiary recorded gross profit of 4,418 MTHB, improved by 2.8% from the year 2018 due to lower prices of raw materials this year and improvement of production reliability. However, such improvement was

-use assets due to TFRS 16 adoption as at January 1, 2020. (Unit: Thousand Baht) Consolidated FS Separated FS Property and land improvement 39,331 38,977 Buildings and building improvement 62,581 37,583

negative income taxes. On a 9-month basis, total revenues grew by 82% YoY, primarily from a significant improvement of residential business and organic growth of hotel business. On the contrary, EBT and net

“Need Improvement” and subject to mandatory follow-up in the next cycle has dropped significantly. This progress was contributed by audit firms’ continuing emphasis on quality improvement. Heads - 02 - of

. Climate Action. - 7.2 Increase substantially the share of renewable energy in the global energy mix - 7.3 Double the global rate of improvement in energy efficiency Assets are likely to contribute to SDG 13

Page 1 of 6 Performance Overview In 2017 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a consolidated net profit of Bt572mn, representing a growth of 236% YoY with

bottles sales showed improvement with the growth of 44.5% YoY and 3.4% QoQ, after building back the customer base since major maintenance of a furnace in Ayutthaya in Q1’18. International business grew 8.6

improvement is due to organic growth of HR solution in Thailand and contribution from our overseas operations at a higher margin. This resulted in a significant increase in net profit margin from 16.13% in 2017