Properties 518.8 518.8 0.0 0.0% Leasehold Right and Building 1,298.8 1,286.4 12.5 1.0% JAS Asset Management Discussion and Analysis, Q2/2019 Page3/4 30-Jun-19 31-Dec-18 Change %Change Deposit 134.4 132.5 1.9

Microsoft Word - MD&A_E Q2_2562 Management Discussion and Analysis: MD&A 1. Company Situation As the Company has invested in building a new secure landfill for non-hazardous waste since the end of

2.27 Page 3 of 3 million due to withholding tax of investment in building and machine of the Company’s subsidiaries were on processing for tax refund. Restricted bank deposits decreased by Baht 16.09

the existing projects. For the third quarter, some of the existing projects did not have enough housing units for sale to customers and construction were underway. In some projects, number of backlogs

follows: Income Statement For the three-month ended March 31 Change Unit: Million Baht 2018 2017 Amount % Revenues from construction services and sales of construction materials 7,389.74 8,064.50 (674.76

, increasing from the same period of the previous year by Baht 53.75 million mainly due to increased construction revenue together with improved gross profit margin and increased share of profit from associated

construction business, gross profit margin improved from 7.88% to 8.35%. Revenues from construction services and sales of construction materials For the first half of 2019, the Company and its subsidiaries

, increasing from the same period of the previous year by Baht 531.13 million mainly due to more share of profit from investments in associated companies. Revenues from construction services and sales of

Company’s other acquisition transactions within the past six months, i.e. the investment in the long-term lease of an office building in London, the United Kingdom, which was approved by the Board of

&A (for three-month period ended 31 March 2020) 4 U CITY PCL Within the Office segment, the revenue grew by THB 21mn or 28.4% YoY to THB 93mn, increasing mainly from the newly acquired office building