วันที่ 15 ตุลาคม 2545 1 NO. (SUTHA-SET) 003/2019/EN 26 February 2019 Subject: Management Discussion and Analysis of the Company and its subsidiary for the year ended 31 December 2018 To: The
JMT, JAS Asset, J Fintech and associated company namely Singer Thailand. Moreover, the Company prepare for disruption of technology by set up J Ventures for development of technology for Group of
development which will be completed in year 2024 whereby the project was officially launched on 1 May 2019. In January 2019, the Company set up a new subsidiary (99.97%) named Dusit Hospitality Services Company
%). Consequently, the company posted net profit exclude extraordinary item for the period of THB 67 million, decreased by 6% yoy. As the company disclosed NEWS to SET about the issues in the procurement process of
and has registered as an oil trader under Section 7 of the Fuel Trade Act B.E. 2543 since the September 9, 2020. However, the Company aware of the price fluctuation risks, has set the policy determined
risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were
%, slightly increasing from the previous quarter. However, substance economic challenges are remained as a result of policy interest rate increment, high household debt level increasing from 86.3% to 90.6% in
guarantees from all financial institutions used for investment activities, resulting in higher circulating cash. Inventory increased in line with the company’ s higher sales targets set for the next quarter
appropriate level. However, the allowance for ECL to accounts receivables is at 8.9%, covering both SM Stage 2 and NPL Stage 3. Accounts Receivable Segmentation Credit Card 43%Personal Loan 48% Hire Purchase 9
consumption across the world, attributed to the COVID-19 outbreak. Furthermore, domestic demand for fuel consumption declined leading the refinery to lower its production level to an optimal levels, average