JAS Asset Public Company Limited Q1/2017 Q1/2018 Change MB. % MB. % MB. % Tax -0.1 -0.1% 3 1.7% 3.1 -3,100.0% Net Profit attribute to Shareholders (Loss) -4.0 -2.2% 0.4 0.2% 4.4 -8.1% Rental and Service

3.0 1.7% 3.3 1.9% 0.3 10.0% Net Profit attribute to Shareholders (Loss) 0.4 0.2% 0.5 0.3% 0.1 25.0% Management Discussion and Analysis Q1/2019 Page 2/4 JAS Asset Public Company Limited Rental and

% (82.5) (86.8) (4.3) 5.2% Net Profit attribute to Equity Holder of the Company 119.9 148.5 28.6 23.9% 236.0 293.0 57.0 24.2% Total Revenues The Company’s total income for the second quarter of 2019 equaled

(35.9) (39.3) 9.6% (54.2) (82.5) 52.2% Net Profit attribute to Equity Holder of the Company 124.8 119.9 -3.9% 198.0 236.0 19.2% Total Revenues The Company’s total income for the second quarter of 2018

20,178 31.8% 19,302 36.1% 875 4.5% Revenue from rental services 1,767 2.8% 1,630 3.0% 137 8.4% Revenue from rendering of services 475 0.7% 293 0.5% 182 62.3% Investment income 38 0.1% 63 0.1% (24) (38.9

million from gain from investment in securities decreased of Baht 21.79 million due to loss from investment in equity securities increased of Baht 22.43 million whereas gain from investment in debt

and return on financial instruments decreased of Baht 22.50 million from gain from investment in securities decreased of Baht 21.79 million due to loss from investment in equity securities increased of

982.3 169.9 21.5% (21.8) (2.2)% Profit Attribute to Equity Holders of the Company 133.3 110.9 108.0 22.4 20.2% 25.3 23.4% In the first quarter of 2017, the Company's total revenue increased from Q4-2016

depreciation has been increased. 6. Other income sharply decreased amounting of 46.60 Million Baht or 73.33% from previous year because of the following; 6.1 Gain from sale investment in associate (Well Korat

about the maintaining gross profit margin, so that the marketing activities has been arranged to emphasize FN brand awareness with sales plan improvement and promotion efficiency spending. This attribute