, and eventually dropped. Premium on certain policies had been adjusted to suit their corresponding risks. Also, earned premium had risen by 16.45% Motor insurance contributed 75.29% to the company’s
has risen by 25.6%, but net earned premium has only gained 12.1%. This is because long-term insurance policies contributed to a certain portion of sales growth. Earning those premiums in a given period
, registering a growth of 45% QoQ and 21% YoY), positive contract adjustments and inventory gains Our company-wide cost and business transformation, Project Olympus, yielded US$67M during the quarter, on track
respectively, an increase in total other income amount THB 17.2 MB, which mostly increased from foreign exchange gains due to the baht appreciation. The Company has a policy to manage foreign exchange risk by
from the policy. Nevertheless, The Esse at Singha Complex will start hand over units by 3Q19 while the Company is certain that transfer value would be as expected. On 10 June 2019, S Oasis, a 36-storeys
value. 22 Example of choices • Value Redeem when the value of investment rises or falls by a certain percentage. • Capital appreciation Activated when capital gains or losses become equal to, more than or
. Meanwhile, competition for deposits is expected to be mild, as although the economy is likely to improve, the recovery remains concentrated in certain business sectors. There is considerable excess liquidity
Nirvana Daii Public Company Limited (“NVD”), a 52%-owned subsidiary of Singha Estate, invested in January 2017. 1Q18 consolidated net profit grew 651% YoY, as the performance incorporated (non-cash) gains
62.51% to 57.99%. 2. Net investment revenues, gains on investments and fair value losses totally amounted to Baht 30.22 million, an increase of Baht 13.46 million, because of the rise of gains from the
from foreign exchange gains. However, the Company can maintain the level of selling and administrative expenses to be in the same criteria. And the financial cost of which increased THB 2.2 MB. arising