in the same period a year earlier. Rising by THB 39 million, its net profit in the second quarter of 2020 was THB 62 million compared with THB 23 million in the same period of last year. The Company’s

subsidiaries (0.93) 2.83 (3.76) (132.84) 2 Profit attributable to equity holders of the Company for Q1 2018 was Baht 301.72 million, essentially unchanged from the same period of 2017 The Company and its

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

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

increased in revenue of THB 122 million or was equivalent to a gross profit margin of 53%, which was essentially unchanged from the same period last year. 3. Administrative costs and management compensation

of Baht 7,475.35 million, representing 96.07% of total revenues, an increase of 1.16% or Baht 85.61 million from last year. Cost of construction services and sales of construction materials In Q1 2019

reported revenues from construction services and sales of construction materials of Baht 12,969.98 million, representing 93.42% of total revenues, a decrease of 13.30% or Baht 1,989.26 million from last year

previous year. Gross profit for the first six months of 2018 was Baht 1,179.40 million, a decrease by Baht 422 million or 26.35% from the same period of last year; however, gross profit margin essentially

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

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